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Pound Euro Exchange Rate Falls as March's UK Services PMI is Revised Down

April 7, 2021 - Written by John Cameron GBP/EUR Exchange Rate Sinks as UK Markets Become Increasingly Cautious The Pound Euro (GBP/EUR) exchange rate fell by -0.8% today after the UK’s Services PMI for March was revised lower due to a decrease in business activity. The pairing is currently fluctuating around €1.15. Tim Moore, Economics Director at IHS Markit, commented on the data: ‘UK service providers were back in expansion mode in March as confidence in the roadmap for easing lockdown ...
United Kingdom Oxford Astrazeneca Tim Moore Chris Williamson John Cameron Boris Johnson

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