The pound sterling softened against the euro since last month, dropping closer to a conversion rate of one pound equalling €1.16.
That was before a rebound following some good economic data - the pound firmed up to the €1.175 mark.
The potential for potential interest rate cuts to affect the exchange rate and some positive economic indicators in the UK economy mean that we could see some gyrations in exchange rates in coming months.
The newly announced general election has also got the potential to mess with exchange rates - everything will depend on what is said during the campaign and what the outcome finally is.
