Pound Sterling is under fresh pressure against the Euro as a UK debt crisis evolves.
A massive selloff strikes the British Pound in midweek trade, and we suspect anxieties over the UK's rising debt might be behind it.
Euro exchange rates look better protected against further downside as Eurozone inflation limits scope for ECB rate cuts.
The Euro was a stand-out winner on signs Donald Trump has changed his mind about imposing universal import tariffs.