Pound to euro exchange rate trading in ‘tight range’ but market lacking ‘impetus’

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Pound to euro exchange rate trading in ‘tight range’ but market lacking ‘impetus’
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THE POUND to euro exchange rate is continuing to trade in a 'tight range' today. What does this mean for travel money?

He explained: “Sterling-euro continues to trade in a tight range just north of the €1.16 handle, with the market continuing to lack impetus to make a decisive move in either direction – broadly mirroring the broader G10 market, in fact.

 

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