Pound exchange rates beaten to a pulp

Pound exchange rates beaten to a pulp especially against the euro exchange rate.

Foreign exchange traders have fallen out of love with the pound and happy to sell pounds across the board today.

Whilst the Crimea story/conflict is blamed one would have thought that the British Pound would have been a safe haven fro currency flows today. Instead it has the opossite affect as Russian look to remove their assests from those countries that are looking at sanctions.

Tomorrow may save the pound though as we have unemployment numbers and the big one the Bank of England Minutes.

Fingers crossed but at this point i am just cursing the Euro Rate!