GBP/EUR Pushing Highs

August 28, 2024
GBP/EUR Pushing Highs

Overnight trading sees Sterling pushing higher versus the Euro.

The latest run looks to have been sparked by rhetoric from the Prime Minister yesterday.

Today may not see much change to this situation with little scheduled news.

However their is a meeting of the Eurozone finance ministers and the UK Prime Minister is headed to Berlin for talks about cross border trade to try and ease some of the pain associated with Brexit.

Besides that there's a speech from the Bank of England before a more lively day tomorrow.

Business news is equally light with rumbles from UK water companies over proposed price caps which they complain could hamper important service work.

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