Pound to euro exchange rate: Sterling climbs BACK as Eurozone unemployment ...

The exchange rate has climbed to €1.118, up from €1.115 overnight. 

Sterling has been slightly boosted by a series of weak figures out of the Eurozone yesterday. 

Annual German retail sales fell by more than forecast, while Eurozone unemployment fell. 

But core inflation for the bloc rose unexpectedly. 

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Pound euro exchange rateGETTYPound euro exchange rate - sterling has climbed slightly this morning

The GBP/EUR exchange rate closed out basically unchanged from the day’s opening levels

Laura Parsons

The data did little to deliver any significant impact on the exchange rate. 

TorFX currency analyst Laura Parsons said: “The GBP/EUR exchange rate closed out Monday basically unchanged from the day’s opening levels, with the pairing hovering in the region of €1.116. 

“The euro was gently buffeted by a succession of domestic data but none of the news was impressive enough to inspire much movement.”

Fresh data to be released out of the Eurozone and the UK could have a much more powerful influence.

Tue, March 28, 2017 Exchange rate: How to get the best

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