Pound-euro exchange rate: Sterling reaches 4-month high as Macron calls for a “Euro army”

The pound is trading at a rate of €1.146 against the euro this morning, which is practically unchanged on the day, but remains close to the four-month high struck yesterday. With the Italian budget deadlock continuing to rumble on without a solution in sight, French President Emmanuel Macron has ruffled euro investors’ feathers by calling for the establishment of a “real European army.” Daily Express :: Finance Feed

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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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Pound-euro exchange rate: Traders ignore lacklustre UK services PMI and focus on Italy

Today, the pound is trading up around 0.3 percent against the euro at a rate of €1.143 as investors digest the news that momentum in the UK services sector slowed in October. Figures released this morning by statistics company Markit revealed that growth in the UK services sector fell to a seven-month low in October, with the main reason cited being uncertainty surrounding Brexit. Daily Express :: Finance Feed

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