Thursday , April 9 2020

Tag Archives: GBPEUR

Pound euro exchange rate: GBP/EUR rises after Germany’s ‘dour’ economic growth report | City & Business | Finance

This left many euro investors felling gloomy about the health of the Eurozone’s biggest economy going forward into 2020. Joshua Mahony, a Senior Market Analyst at IG, was also downbeat in his assessment, saying: “[Today’s] dour data fails to reflect any possible impact from the coronavirus, which could lead to a …

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Pound euro exchange rate: GBP/EUR dips as France refuses ‘bad trade deal’ with UK | City & Business | Finance

French Europe Minister Amélie de Montchalin commented: “Just because [Prime Minister] Boris Johnson wants an agreement at any cost doesn’t mean we will sign a bad deal for the French, under pressure of blackmail or the timetable.” Sterling slipped against both the euro and the US dollar as investors speculated over …

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Pound Euro exchange rate: GBP/EUR rises as German investors’ mood deteriorates | City & Business | Finance

The single currency extended its losses today, even hitting a three-year low against the US dollar following further disappointing German data. Pessimism about the bloc’s largest economy heightened after ZEW revealed February saw a sharp decline in investor confidence.  Investor mood in Germany deteriorated faster than anticipated this month, as fears …

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