New Euro-Sterling High Almost Inevitable During Brexit, Says Juckes

The video discusses the bullish trends in the Euro Pound market, suggesting a potential rise in value. It highlights the impact of political and economic factors, such as Italian politics and trade concerns, on currency values. The discussion includes triangulating three currencies: Dollar, Sterling, and Euro, and analyzing market behavior. The Euro is considered a cheap currency at 1:15, with potential growth expected unless significant political disruptions occur. The video also touches on the correlation between the Euro Sterling rate and the trade-weighted value of the pound.

What political concerns are mentioned that could affect the euro's value?

What is the significance of the euro sterling rate in relation to trade with Europe?