The pound continued to fall yesterday, despite positive inflation data from the UK.

Experts advised that the British currency was falling thanks to Brexit uncertainty. 

Now they have revealed that while the pound is struggling, the eurozone is reporting growth.

Laura Parsons, currency analyst at TorFX said: “The GBP/EUR exchange rate continued losing ground on Tuesday despite the UK publishing stronger than expected inflation data for January. 


Pound to euro exchange rate: Sterling continues to plummet as eurzone grows

Pound to euro exchange rate: Sterling continues to plummet as eurozone grows

“Sterling initially gained in reaction to the news that consumer price pressures remained elevated at the start of the year because it supported the argument in favour of the Bank of England (BoE) raising interest rates in the near future. 

“However, the pound failed to hold on to its gains and slid against the euro ahead of the release of German inflation data and growth figures from the Eurozone. 

“Positive fourth-quarter growth data would be euro-supportive and keep the GBP/EUR exchange rate under pressure today.”

Yesterday Ms Parsons claimed: “Brexit uncertainty remained in the spotlight” keeping demand for the pound down across the globe.

Falling money

Pound to euro exchange rate: The Post Office is offering €1.0952 today, down from €1.0982

Conservative Party politician Anna Soubry recently claimed Brexit could be blocked by MPs. 

She said on the Andrew Marr show on Monday morning: “Will it definitely happen? I genuinely don’t know what is going to happen.

“I’ll tell you who might stop it and that’s the people of this country.” 

Boris Johnson has warned that any concession to demands from hard-line Remainers to dilute the break from the EU would be “a disastrous mistake”. 

Boris Johnson

Pound to euro exchange rate: The pound continued to fall yesterday

A struggling pound faced lower rates earlier this week, as the exchange rate took a battering following Brexit uncertainty.

With divisions in the government and accusations of being ill-prepared deal negotiations, the pound fell as low as £1.127. revealed the foreign currency exchange tricks to get you the best rates for your money. 

The best thing to do is shop around and compare currency rates before you commit. 

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