The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

EUR/GBP: On holiday with Reuters

I’m meant to be on holiday this week, but there is no rest for the wicked.

I’ve had to keep a close eye on what’s been going on so I can write this column. And one thing I have been monitoring – excessively so according to my wife, AKA Annie Dotal because her evidence is always right – is EUR/GBP.

The reason is that I’m selling my house in France and the exchange rate is the source of all the profit I have in it. I think I’m prudently managing my family’s meagre wealth. But my two sprogs share their mother’s not very flattering views – possibly because I can’t get Reuters to work on my new laptop and have to use my wife’s and therefore they can’t spend their holiday playing computer games, sending instant messages, or whatever it is they do.

As far as they are concerned, the squiggly lines I watch on “Rooters” are meaningless. This opinion was reinforced after I bought some of my hedge back at 0.8800, only for my daughter to tell me that it was obviously going down. At the time of writing, I‘m about to hit a 0.8675 bid. My wife is now telling the sprogs, through gritted teeth, that the old spot-dealers’ motto still holds true: “Once a jub, always a jub.”

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree