This morning, saw the pound buoyed against the euro on fresh reports of a rumoured extension to Article 50, before a slew of disappointing UK inflation data dampened sentiment, and the pairing is currently trading at around €1.138. January’s Consumer Price Index showed UK inflation came in at 1.8 percent, hitting a two-year low and dipping below the Bank of England’s target range.
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Pound euro exchange rate rises as Eurozone industrial malaise trumps lower UK inflation
![Pound euro exchange rate rises as Eurozone industrial malaise trumps lower UK inflation]()
Reviewed by Unknown
on
13 February
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