Pound plummets against Dollar and Euro and it 'is likely to drop further'

Pound plummets against Dollar and Euro and it 'is likely to drop further'

Recent turmoil within the Labour Party is directly impacting the market

Pound to Euro Rebounds from Political Selloff

The Pound Euro (GBP/EUR) exchange rate strengthened on Monday, as Sterling benefitted from fading fears over an imminent Labour leadership contest. At the time of...

Pound Sterling Today: Vulnerable As UK Political Crisis Deepens, Say Rabobank

The Euro (EUR) strengthened against Pound Sterling (GBP) after renewed speculation surrounding Prime Minister Keir Starmer’s future added to concerns over UK political stability and the outlook for the British currency. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.15364 (-0.08%)Pound to Dollar (GBP/USD): 1.3506 (-0.15%)Euro to Dollar (EUR/USD): 1.17073 (-0.07%) Currency analysts at Rabobank said Pound Sterling remains heavily driven by hea…