Category: Business

Pound euro exchange rate: GBP/EUR falls on Brexit deadlock German economy avoids recession

The pound is down against the euro today and is currently trading in the region of €1.148. GBP/EUR fell today as the Brexit deadlock continues. The euro, meanwhile, was little affected as Germany’s growth data matched initial estimates. On a quarterly basis GDP came in at 0 percent. Daily Express :: City and Business Feed

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Pound Euro exchange rate: Pound rises as Eurozone economy flounders

This morning, disappointing manufacturing data from the Eurozone weighed on the euro, helping the GBP/EUR exchange rate trade in the region of €1.153. Flash PMI data showed that in February, Germany’s services PMI rose to 55.1, a five-month high, with the composite figure jumping to a four-month high. Daily Express :: City and Business Feed

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Pound US dollar exchange rate: GBP/USD rises on Brexit progress, FOMC wary about rate hike

The pound US dollar exchange rate edged slightly higher today to trade in the region of $ 1.306. GBP/USD gained as Theresa May indicated that progress had been made in Brexit discussions and the Federal Open Market Committee adopted a cautious stance in the meeting minutes from the last policy gathering. Daily Express :: City […]

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Pound Euro exchange rate: Pound down as Theresa May returns to Brussels

While the pound advanced to a two-week high against the euro yesterday, GBP/EUR has since fallen below €1.150 to trade in the region of €1.149. Yesterday Sterling was buoyed by sturdy UK wage growth and unemployment figures and Brexit speculation. The euro, meanwhile, came under pressure as data continued painting a gloomy picture of the […]

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