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  • Pound jumps after ECB raises alarm over euro strength
    Finance
    International Business Times14 hours ago

    Pound jumps after ECB raises alarm over euro strength

    The pound got some breathing room versus the euro on Thursday (17 August), after the European Central Bank expressed concerns about the strength of the latter. Minutes from the European Central Bank's most recent monetary policy meeting, published earlier in the trading session, noted: "Concerns

  • UBS: The pound is 'extremely undervalued'
    frontpage
    Business Insider UK23 hours ago

    UBS: The pound is 'extremely undervalued'

    The pound is looking "extremely undervalued" against the euro, economists at UBS Wealth Management said. Writing to clients on Wednesday, Dean Turner said that if investors were to look beyond the noise created by Brexit talks they would see that there is value in the UK's downtrodden

  • Summer holiday nightmare: The pound is at a 7-year low against the euro
    News
    Business Insider UK2 days ago

    Summer holiday nightmare: The pound is at a 7-year low against the euro

    The euro's recent rise against sterling illustrates the diverging economic fortunes of Britain and the eurozone since the Brexit vote. The euro has been on a tear against both the pound and the dollar so far in 2017, as investors take note of the improving fortunes of the bloc's economy. Late

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