Pound euro exchange rate: GBP/EUR sinks as Irish backstop concessions fail to convince MPs

The pound is down 0.6 percent against the euro this morning and is currently trading around €1.169. GBP/EUR fell as many MPs remain generally unimpressed with the EU’s concessions on the Irish backstop, which has further weakened the likelihood of Prime Minister Theresa May’s Brexit deal passing through Parliament today. Daily Express :: Finance Feed

Read More

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

Read More