Pound-euro exchange rate: GBP/EUR steady despite continued Irish border concerns

The pound is trading in a narrow range against the euro today, with fresh uncertainties about the Brexit backstop and the Irish border leading to a rate of €1.144. Despite the limited movement, the pound remains near its best exchange rate since mid-June, having been pushed higher against the euro by disappointing Eurozone data. Daily Express :: Finance Feed

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GBP/USD exchange: Rate rises despite services PMI slump

The pound is trading near to a two-week high against the US dollar today, which puts the GBP/USD exchange rate at around $ 1.298. This appreciation comes at the start of a week of potential turbulence for the currency pairing, with the latest UK news revealing a slowdown in services sector activity. Daily Express :: Finance Feed

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Pound euro exchange rate: GBP on the back foot despite shock slowdown in Eurozone GDP

At the time of writing the GBP/EUR exchange rate is trading around €1.123, having edged down from this morning’s opening levels despite some very underwhelming Eurozone growth figures. While the euro is holding steady against the pound so far this morning, the single currency is slumping in broader trade as markets react to the Eurozone’s latest GDP release. Daily Express :: Finance Feed

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ECB keeps policy unchanged despite gloomy eurozone growth and Italy-EU budget row

THE European Central Bank kept policy unchanged and interest rates on hold today amid the slowest growth recorded in almost two years for the eurozone and ongoing spat between the EU chiefs and Italy. The ECB left interest rates at a record low as the central bank confirmed plans to stay on course to claw back stimulus. Daily Express :: Finance Feed

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‘NOT clear yet’ India rupee set for ‘DIFFICULT’ six months DESPITE boost against US dollar

INDIA could see a “difficult” next six months for the rupee, according to a financial strategist, despite the currency clawing back gains against the US dollar this week. The rupee has plummeted in value versus the American greenback this year, losing around 15 percent of its worth off the back of soaring interest rates in the US and sky-high oil prices. Daily Express :: Finance Feed

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