Euro declines against the Pound to almost 8-year low

Note: This section contains information in English only.
Source: WBP Online
The common currency fell against the Pound to seven and a half year low on Thursday, as the gap between fiscal policies in the UK and in the Euro zone widened. The Euro traded 0.34% lower to 0.6978 against the Pound by 9:35 AM GMT, which is the lowest level since November 2007. Investors are awaiting Mario Draghi's speech later in the day, where inflation outlook could be cut and therefore, driving the Euro even lower.  

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