Rises

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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This morning the pound has risen against the euro, and the pairing is currently trading at around €1.128. The Eurozone’s largest economy continued to show signs of vulnerability to headwinds from Brexit and trade tensions on Friday, with figures revealing that Germany’s industrial output and exports fell further than forecast in April. Daily Express ::
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The pound-US dollar exchange rate edged higher today and is trading around $ 1.271 at the time of writing. The pairing has risen following Peterborough’s by-election result, which saw Labour win narrowly against the Brexit Party. Labour leader Jeremy Corbyn said: “Peterborough has shown clear support for Labour’s programme to end austerity and invest in
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