Pound Euro GBPEUR Exchange Rate
Telegram FX Signals by FxPremiere |Lack of Brexit Talks Progress Weighs on Pound Euro (GBP/EUR) Exchange Rate. With Thursday’s deadline for a draft Brexit deal drawing rapidly closer investors saw little reason to favour the Pound over its rivals. Federal Reserve Decision in Focus
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The rising risk of the talks failing to yield an agreement, resulting in a no-deal scenario, put the Pound under renewed pressure against its rivals. Pound Sterling to Euro Exchange Rate
GBP/EUR Exchange Rate Surges Past
As the ECB looks set to maintain a downbeat outlook for the foreseeable future there appeared little incentive to favour the single currency at the start of the week.
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If ECB policymakers continue to signal impending December policy action this may keep EUR exchange rates from finding any particular traction in the days ahead. Dollar Edges Higher; Sterling Expects Brexit Progress
Any fresh indications that Eurozone nations are likely to remain in a tighter state of lockdown for longer could also see the Euro falling out of favour with investors. Emerging Currencies Under Threat From Covid-19
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Forecasts point towards the headline inflation rate picking up from 0.5% to 0.6% on the year in October, signaling an improvement in domestic inflationary pressure. Evidence that inflation began to recover at the start of the fourth quarter could offer the Pound a solid boost against its rivals in the short term.
Pound Under Pressure U.K. Services Worst Month
Pound Euro GBPEUR Exchange Rate
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Pound Euro GBPEUR Exchange Rate
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