GBP/EUR at 2020 high amid Cabinet reshuffle

GBP/EUR at 2020 high amid Cabinet reshuffle

Login

GBP/EUR at 2020 high amid Cabinet reshuffle

Sterling has made considerable gains on the euro today as Prime Minister Boris Johnson reshuffles his Cabinet. The PM’s first reshuffle since the UK left the EU saw senior figures Attorney General Geoffrey Cox and Andrea Leadsom lose their jobs while Chancellor Sajid Javid has resigned.

The removal of several hardline Brexiteers has sent GBP/EUR to a high for 2020. Investors are optimistic of the reshuffle serving as a breakthrough amidst continued tension between the UK and EU over a trade deal. With neither side yet ready to budge in their demands, a change in approach could mark progress towards a positive trade deal before the end of the year deadline.

How we can help with your payments

No transfer fees online

No transfer fees online

120+ currencies to make your payment in

120+ currencies to make your payment in

24/7 access for whenever you need to make a payment

24/7 access for whenever you need to make a payment

Refer a friend

Refer a friend

Be part of the club.

Refer a friend and get £75 each

Find out more
Regular payments

Regular payments

If you need to make regular payments abroad our Regular Payment Plan can help. You can also lock in a prevailing exchange rate.

Find out more
Target a rate

Target a rate

With our target a rate service you can track a rate, exchange now and pay later or set up a market order

Find out more