AS: Pound to Euro exchange rate in significant turnaround on currency
The pound to euro exchange rate is 0.24 pct down on yesterday, GBP-EUR is at 12408 - this representing a significant turn-around for the currency pair since the start of the day.
The turnaround for the GBP-EUR comes in line with a recovery on global FX markets through the course of the days trading. (Latest pound euro forecasts on our IMT site, access via this Facebook entry path).
Equity markets had been sharply lower in the European morning session, but as the build up to the North American open continued we saw risk appetite grow.
