exchange

The pound euro exchange rate edged to €1.094 this morning on speculation that the European Central Bank’s planned stimulus package will be bigger than initially expected. Olli Rehn, a member of the ECB’s rate-setting committee, said: “When you’re working with financial markets, it’s often better to overshoot than undershoot, and better to have a very
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The pound euro exchange rate edged higher today, with the pairing fluctuating around €1.080 as Eurosceptic Italian Interior Minister, Mateo Salvini, continues to push for a snap election, further exacerbating political turmoil in the European Union. Italy’s former Prime Minister Enrico Letta has also warned that Matteo Salvini could withdraw Italy from the EU: “One
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