Today, the pound to euro exchange rate was 1.1773€, according to Bloomberg at the time of writing.
Speaking exclusively to Express.co.uk, Michael Brown, currency expert at Caxton said: “Sterling was subdued on Friday, with a lack of any major headlines or data releases contributing to the quiet trading conditions.
“This week, sentiment around the pound will continue to be dominated by reports on UK-EU trade relations, as well as Tuesday’s fourth quarter GDP report.”
Following the UK’s departure from the EU – thus entering a period of transitional arrangements – on January 31, it is up to Boris Johnson to secure viable deals for the UK moving forward.
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