The Pound to Euro exchange rate opened the new week near fortnight highs and could have scope to climb further to around 1.18 in the days ahead, as Roxette sings “Listen to Your Heart,” and Sterling makes a start on a journey that might ultimately see it back around 1.20 over the coming months.
The Pound-to-Euro exchange rate is likely to remain under pressure as surveys point to divergent fortunes in the Eurozone and UK.
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Stocks are higher, which makes for a stronger Pound into Euro conversion.