Article 4FNDC Pound suffers against euro for 13th day in a row amid May turmoil

Pound suffers against euro for 13th day in a row amid May turmoil

by
Larry Elliott
from Economics | The Guardian on (#4FNDC)

Longest losing streak takes place since creation of single currency two decades ago

The pound has suffered its longest losing streak against the euro since the creation of the single currency two decades ago as turmoil in Downing Street spilled over into the world's currency markets.

Speculation that Theresa May's premiership was coming to an end following her failure to win support for her Brexit deal saw sterling drop for a 13th day in a row against the euro.

Related: Sterling heads for worst week of the year as Brexit talks collapse

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