U.S. President Donald Trump said the U.S. will raise tariffs on EU imports.
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The British Pound could be set for a shallow setback against the Euro amidst a global stock market decline and hopes for a German economic revival.
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Pound Sterling retains a bullish tone against the Euro, although the rally risks a setback during the early stages of the week as German election results are digested.
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The Pound-to-Euro exchange rate is expected to trend towards a new three-year high in the coming months amidst ongoing support from elevated UK interest rates.
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Pound Sterling's outlook against the Euro is bolstered by the release of an above-consensus UK inflation reading that limits the scope for further Bank of England rate cuts.
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Pound Sterling faces a busy calendar in the coming week that can ignite some welcome volatility against the Euro.
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Pound Sterling fell against the Euro and Dollar after global equity markets fell in response to a strong U.S. inflation print.
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