Tag Archives: Eurozone

Pound euro exchange rate steady, Eurozone inflation hits 6-month high in December

The pound euro exchange rate is currently trading around €1.176, little changed from the day’s opening levels, after December’s flash Eurozone core inflation figure hit a 6-month high of 1.3 percent. But with the European Central Bank unlikely to pursue monetary tightening this year, the report failed to boost the single currency. Daily Express :: City and Business Feed

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Pound euro exchange rate: GBP/EUR rises, Eurozone improves but downside risks remain

The pound euro exchange rate edged higher today, with the pairing currently trading around €1.160. The Eurozone’s surprise growth of 0.2 percent in the third-quarter failed to bolster the European currency, with worsening economic sentiment and heightened geopolitical uncertainties dampening hopes of the Eurozone’s economic recovery. Daily Express :: City and Business Feed

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