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Pound Euro (GBP/EUR) Exchange Rate Holds Some Gains As Brexit Hopes Persist

Pound Euro (GBP/EUR) Exchange Rate Holds Some Gains As Brexit Hopes Persist GBP/EUR Exchange Rate Heads Higher on Brexit Deal Optimism The Pound to Euro (GBP/EUR) exchange rate has sustained some ground since yesterday and is avoiding big losses today. If there is any optimistic Brexit progress soon, the pair could sustain even further gains, even as the Euro remains optimistic compared to weak rival currencies. Returning no-deal Brexit fears last week caused GBP/EUR to fall from 1.1088 to 1.0920 throughout the week. GBP/EUR also touched on a two and a half month worst of 1.0837 at the end of last week.

Exchange Rates Today 15 12 2020: UK Pound And Euro Gains Rapidly Fade, Traders Buy The Dollar Dip

Exchange Rates Today 15 12 2020: UK Pound And Euro Gains Rapidly Fade, Traders Buy The Dollar Dip
exchangerates.org.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from exchangerates.org.uk Daily Mail and Mail on Sunday newspapers.

GBP AUD Exchange Rate Edges Higher As Brexit Talks Continue

GBP AUD Exchange Rate Edges Higher As Brexit Talks Continue GBP/AUD Exchange Rate Rises as Covid-19 Vaccine Rollout Boost UK Market Confidence The Pound to Australian Dollar (GBP/AUD) exchange rate rose by 0.1% today despite the UK unemployment rate rising by 4.9% in October. Redundancies also hit a record high. Tej Parikh, the chief economist at the Institute of Directors, commented: ‘While the roll-out of the vaccine has buoyed employers, it won’t automatically undo the damage done to their businesses by the pandemic. ‘Hiring plans for next year remain stuck in neutral with many firms needing to tend to damage balance sheets. To avoid a further uptick in unemployment at the end of Q1, the Treasury should consider measures to encourage job creation.’

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