Will the Euro continue to rise against UK Sterling in the near future?
Only if the BoE cuts interest rates again, however that seems extremely unlikely in the near future. Otherwise, I can’t see the Euro rising much higher than its current level. If you look at the data, the Euro went from a low of 67p in July-August 2007 up to a high of 81p in mid-April 2008, but it has stayed relatively stable since then, hovering between 78p and 80p.
