Pound euro exchange rate: GBP/EUR steadies despite plunging German factory orders

The pound to euro exchange rate is holding steady today and is currently trading around €1.169. GBP/EUR is rangebound following the release of the German factory orders figures for January, which plunged by -2.6 per cent, their biggest drop in seven months. Daily Express :: Finance Feed

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Pound US dollar exchange rate: GBP/USD steadies as Trump investigation ‘crumbles’

This morning the pound held steady against the US dollar, and is currently trading around $ 1.314. GBP/USD steadied after President Donald Trump came under increasing pressure from investigators from multiple congressional committees and state prosecutors, with Democrats pushing harder than ever for impeachment. Daily Express :: Finance Feed

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Pound euro exchange rate: GBP/EUR slips as Carney talks of Brexit ‘economic shock’

This morning, the pound has slipped against the euro, and is currently trading at around €1.163. Reports have emerged suggesting that a delay to Brexit was now “inevitable” regardless of whether Prime Minister Theresa May is able to get her deal passed in Parliament next week or not. Daily Express :: Finance Feed

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Pound US dollar exchange rate: GBP/USD rises as UK services PMI beats expectations

This morning the pound is up against the US dollar, and the pairing is currently trading at around $ 1.317. The UK services PMI showed that while business activity in the sector picked up in February, employment fell at its fastest pace since November 2011. Daily Express :: Finance Feed

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Pound US dollar exchange rate: GBP/USD rises on backstop fudge ‘satire’

The pound US dollar exchange rate edged higher to over 0.3 percent today and is currently trading around $ 1.323. GBP/USD gained today following news that the UK Attorney General, Geoffrey Cox, had effectively shelved the idea of a hard time-limit on the Irish backstop. Mr Cox has instead proposed an ‘arbitration mechanism’ that enables the UK and the EU to formalise a notice on ending the backstop. Daily Express :: Finance Feed

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Pound euro exchange rate: Sterling rises despite contraction of UK construction sector

This morning, the pound rose by nearly 0.6 percent against the euro, and the pairing is currently trading at around €1.167. Data revealed this morning that construction activity in the UK declined for the first time in 11 months as the Markit construction PMI slipped into contraction territory, sliding from 50.6 to 49.5 with housing being the only category to register growth. Daily Express :: Finance Feed

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