Pound to euro exchange rate: Sterling volatile after general election TV debate

GBP is buying €1.14 after toppling from €1.15 overnight. 

The pound is struggling against a burgeoning euro only days out from the crucial general election. 

Sterling has been hovering around monthly lows against the single currency as it remains extremely volatile to political shifts. 

The most recent polling data for the election on June 8 has further fuelled exchange rate uncertainty. 

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Pound euro exchange rateGETTYPound euro exchange rate - sterling has slipped after the election debate

Theresa May’s bid to increase her Commons majority was plunged into chaos after a YouGov poll showed the Labour party have reduced the Conservatives’ lead to just three points with only a week to go. 

The Times poll, conducted over the past two days (May 30-31), puts the Tories on 42 per cent with the Labour party close behind on 39 per cent.

Tories' three point lead is the lowest of the campaign so far, while Labour’s 39 per cent is the party’s highest poll result since February 2014.

Renewed fears of a hung parliament have weakened the value of the pound against the euro and other major world currencies. 

Wed, May 31, 2017 The televised debate saw Jeremy Corbyn, Amber Rudd, Paul Nuttall, Caroline Lucas, Angus Robertson, Tim Farron and Leanne Wood go toe-to-toe
The politicians taking part in the debate

PA

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The politicians taking part in the debate

Pound euro exchange rateGETTYPound euro exchange rate - sterling is buying €1.14

Fresh concerns about the UK

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