Currency Corner: how high can the pound go against the euro in 2020?

In the month in which we should finally leave the European Union, Dominic Frisby takes a look at the pound vs the euro and asks just how high sterling could go.

(Image credit: © 2019 SOPA Images)

Welcome to the first Currency Corner of the new decade. Another 500 to go before the next one. I thought today, as it’s the month in which we leave the European Union, it would be appropriate to take a look at the pound vs the euro.

Let’s start with a long-term chart which goes all the way back to the inception of the euro in 1999. When the chart is falling, so is the pound. When that chart is rising, so is the pound.

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Dominic Frisby

Dominic Frisby (“mercurially witty” – the Spectator) is as far as we know the world’s only financial writer and comedian. He is the author of the popular newsletter the Flying Frisby and is MoneyWeek’s main commentator on gold, commodities, currencies and cryptocurrencies. He has also taken several of his shows to the Edinburgh Festival Fringe.

His books are Daylight Robbery - How Tax Changed our Past and Will Shape our Future; Bitcoin: the Future of Money? and Life After the State - Why We Don't Need Government

Dominic was educated at St Paul's School, Manchester University and the Webber-Douglas Academy Of Dramatic Art. You can follow him on X @dominicfrisby