Pound hits 31-month high against the euro on Tory win predictions – business live

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Rolling coverage of the latest economic and financial news

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. With a week to go until the general election, predictions of a Conservative victory are pushing the pound higher. Sterling has hit a fresh 31-month high against the euro this morning, touching €1.185 for the first time since May 2017. It’s also continuing to climb against the US dollar, touching $1.314 - a seven-month high.

 

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People need to question this misleading tweet and compare it to the actual headline:

more manipulation of the markets to put the cons in a good light, so how much US and russian funds flooded the exchanges to buy sterling

CAlculating the exchanges such a pain in the ASScii

10 mins ago Kuenssberg just admitted on BBC radio 4 the Tories have private data & it doesn't look like a Tory majority. Maybe the pounds going up because less chance of a no-deal.

And yesterday I read that it was because of a potential labour win...you can't trust anything you're hearing/reading right now...fight on! GTTO

Long may it continue, regardless of election results.

FFS

That kinda sounds positive, but considering it’s still screwed from the ref result it’ll take a lot more to recover than Johnson and his dirty brigade

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 /  🏆 84. in JP

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