Finance News

Pound euro exchange rate: GBP/EUR edges up despite German construction boost

This morning, the pound has made tentative gains on the euro and the pairing is currently trading at around €1.166. In a reversal of fortune for the country, February’s German industrial production rose by a higher-than-forecast 0.7 per cent, boosted by a pickup in construction. Daily Express :: Finance Feed

Pound US dollar exchange rate: GBP/USD rises on Tusk’s Brexit ‘flextension’ proposal

The pound is up against the US dollar today and is currently trading around $ 1.309. The pairing edged higher following reports that EC President Donald Tusk would urge the EU27 to grant the UK a possible 12-month extension to Brexit. The US dollar, meanwhile, has weakened as traders flee to riskier currencies after Donald Trump declared that a ‘monumental’ US-China trade deal was imminent. Daily Express :: Finance Feed