Pound-euro looks set to end the week on a soft note, thanks in part to growing UK political intrigue.
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A material shift in Bank of England rate expectations owing to the war shifts pound sterling's outlook against the euro says one of the world's top-tier investment banks.
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GBP/EUR has shorn its war premium, but unfortunately for euro buyers, that means it settles lower than it did when geopolitical anxieties were at their height.
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Pound sterling is softer against the euro at the start of the new week amidst a renewed spike in oil and gas prices.
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Pound sterling has seen its recovery against the euro stall, and strategists at a number of investment banks look for a resumption lower.
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Pound sterling bounced against the euro, but soon found its limits as the realities of the explosive Middle East stage gave reason for caution.
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Pound sterling is likely to remain supported against the euro in the coming days with the floor at 1.1430 likely to offer some protection.
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