GBP v EUR: Pound euro bounces back after Bank of England-inspired slump

GBP v EUR: Pound euro bounces back after Bank of England-inspired slump
 

GBP/EUR is currently at around €1.129, up almost 0.3 per cent from this morning's starting levels but still well below last week's high of €1.144.
Sterling has started the session on a generally stronger footing this week, trending higher against most of the majors at the start of European trade and continuing to extend Friday's gains.
This uptick comes as concerns over the BoE's dovish policy meeting last week begin to fade, with investors paying more attention to the spate of upbeat domestic PMI data published last week and the state of the ongoing Brexit negotiations.
The UK's major... read more

 
6 November 2017 in Business, Views: 49
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