The Pound Sterling to Euro (GBP/EUR) exchange rate declined by around -0.34% on Monday morning.
The single currency strengthened versus many of its major peers after European economic data came in higher than expected. The advance has been somewhat sluggish, however, with the black cloud of a potential Grexit looming overhead.
The Pound Sterling, meanwhile, is generally edging lower versus the majority of its most traded currency rivals after Bank of England (BoE) Governor Mark Carney admitted that he was worried about global reform fatigue. However, he did intimate that the UK’s recovery would be encouraged by better wage growth.
Read more at Click here / www.trade4x.net
The single currency strengthened versus many of its major peers after European economic data came in higher than expected. The advance has been somewhat sluggish, however, with the black cloud of a potential Grexit looming overhead.
The Pound Sterling, meanwhile, is generally edging lower versus the majority of its most traded currency rivals after Bank of England (BoE) Governor Mark Carney admitted that he was worried about global reform fatigue. However, he did intimate that the UK’s recovery would be encouraged by better wage growth.
Read more at Click here / www.trade4x.net
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