Tuesday, 11 October 2016

Sterling falls into the €1.09's against the Euro.

The Pound seems to be in free fall at the moment. Today has been another terrible one for Sterling. At the time of writing GBP/EUR is now down to €1.0970 and GBP/USD is down to $1.2137.  The fall could be due to rumours a major Russian bank are going to remove their European Hub from London, raising concerns over the future of the UK financial centres in London.

I'll post a more detailed update tomorrow morning, and in the meantime you can follow live graphs that run 24/7 here.

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