Tag: ‘flextension’
Pound euro exchange rate: GBP/EUR edges higher as EU offers Brexit ‘flextension’
Posted: October 28, 2019 at 10:25 am / Business
The pound edged up against the euro this afternoon as the EU granted the UK another three-month Brexit delay, leaving the pairing trading at around €1.160. Sterling edged up against the single currency after European Council President Donald Tusk announced, just days before the October Brexit deadline, that the EU27 had agreed to grant the […]
Pound US dollar exchange rate: GBP/USD rises on Tusk’s Brexit ‘flextension’ proposal
Posted: April 5, 2019 at 10:22 am / Business
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 […]