So, how have all of these factors affected the pound to euro exchange rate? The pound to euro exchange rate opened at 1.1378 today, with the pound trading at 1.1335 at the time of writing,

according to Bloomberg, Following events yesterday, Michael Brown, currency expert at Caxton, spoke to Express.co.uk about the pound to euro exchange rate. Mr Brown said: “Sterling ended the

day back where it started against the euro on Wednesday – despite a rollercoaster ride involving a surprise, emergency, 50bps BoE rate cut; and Chancellor Rishi Sunak aiming his fiscal

bazooka at the UK economy with a £30billion package to cushion the blow of the coronavirus. READ MORE: NATIONAL LIVING WAGE 'RISE TO OVER £10.50 AN HOUR' - RISHI SUNAK PAY RISE