THE pound was ratcheted down to €1.136 against the euro on Monday morning, falling despite a soft run of German IFO business climate readings. This morning, pound investors reacted to news that the headline IFO business climate index – a highly-regarded early indicator for economic developments within Germany – deteriorated to 101.8 in June.
-»
Pound euro exchange rate: GBP tumbles amid deteriorating German business morale
![Pound euro exchange rate: GBP tumbles amid deteriorating German business morale]()
Reviewed by Unknown
on
25 June
Rating:
No comments:
Post a Comment