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Why has the £ lost more than a cent against the € in one day?
In all seriousness the £, the FTSE, the € and most things are taking a bit of a pounding (pun not intended) at the moment. The € slightly less so than the £
"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk
In all seriousness the £, the FTSE, the € and most things are taking a bit of a pounding (pun not intended) at the moment. The € slightly less so than the £
So if you sell one currency you must inadvertently buy another. Which is it?
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain
Mario Draghi didn't announce expected ECB stimulus today, but the markets had priced this in.
The Euro has simply regained what it lost since last week.
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