Sterling has gained against the euro, marking its fifth consecutive weekly rise. This increase comes despite soft growth figures, as investors look beyond the immediate economic data. The pound has reached its highest level in almost two years against the euro, which has been affected by political instability following a shock election call in France. The euro's decline against the pound is linked to the success of far-right parties in the European Union parliamentary election, prompting French President Emmanuel Macron to call a snap vote. The euro fell to its lowest against the pound since late August 2022 this week.
🇪🇺 The euro fell to its lowest against the pound since late August 2022 this week, after the success of far-right parties in a European Union parliamentary election at the weekend prompted French President Emmanuel Macron to call a snap vote in his country, which spooked… https://t.co/eyeOfLpv7f
Sterling set for fifth weekly gain against euro after shock French election call - Reuters https://t.co/7LNUqGYKE6
Sterling set for fifth weekly gain against euro after shock French election call https://t.co/B6KsmZ48LQ https://t.co/SghJ1wP1PW
🔵 STERLING SET FOR FIFTH WEEKLY GAIN AGAINST EURO AFTER SHOCK FRENCH ELECTION CALL The pound was headed for its fifth weekly gain against the euro on Thursday, having hit its highest in almost two years against the single European currency, which was rattled by political… https://t.co/eS9ghcFGse
EURO HITS A THREE-DAY HIGH OF $1.082725, ERASING LOSSES SINCE THE EUROPEAN PARLIAMENT ELECTION RESULTS.
Sterling ekes out gain as investors look beyond soft growth figures - Reuters https://t.co/fc0mbeKSib
Sterling ekes out gain as investors look beyond soft growth figures https://t.co/FWbs2DfLIs https://t.co/NADWNv2dz5