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Pound to euro exchange rate: GBP ‘treading water’ amid ‘unexpected’ Brexit issues | Travel News | Travel

The pound is staying stable against the euro – yet at the mercy of “unexpected Brexit headlines” today. Sterling was dubbed to be on a “Brexit barometer” yesterday as discussions about the UK’s exit from the EU, scheduled for October 31, are ongoing. Yet despite towing the political line the pound has “trod water” and remains relatively unchanged today. The pound is currently trading at 1.093, against the euro, according to Bloomberg.

Michael Brown, senior market analyst at Caxton FX, spoke to about a status quo in the exchange rate markets today.

He said:…

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