Euro Pound Exchange Rate Advances amid UK Economic Gloom
Euro Pound Exchange Rate Advancing as Eurozone PMIs Less Disappointing than UK Despite economic recovery hopes and market sentiment boosting the Pound (GBP) in the middle of the week, the Euro Pound (EUR/GBP) exchange rate has seen a strong recovery over the past day. The pair continues to climb on Friday and may sustain gains this week. Since opening this week at the level of 0.8890, EUR/GBP has seen mixed movement. Yesterday, the Pound’s strength pushed EUR/GBP lower to a four-month-low of 0.8832. EUR/GBP has been recovering and advancing again since last night though. At the time o...
Source: euroexchangeratenews.co.uk