Sterling has reached a new high for 2021 against the euro
1 minute readThe pound has been bolstered over rumours of a rate rise as soon as November, while the euro has struggled ahead of the European Central Bank’s meeting as little is expected from it.
However, rising Covid cases and calls for Plan B to be implemented could shake sterling in the short term.
With the Chancellor’s Budget tomorrow, and the Bank of England’s meeting right around the corner, many investors are preparing themselves for a bumpy few weeks.
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