Energy Crisis Will See Euro Rise Further Versus Pound, MUFG Says
- Euro has gained 2.2% versus the British pound this month
- Crisis response, ECB hike could push Euro higher: Halpenny
This article is for subscribers only.
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.
Poised for its worst month versus the euro in more than a year, the British pound risks sliding further, partly because Europe is in a better position to deal with soaring energy prices.