Pound euro exchange rate soars as UK-EU Brexit negotiations improve

THE pound euro exchange rate soared by 1 percent to €1.104 today following Prime Minister Boris Johnson’s meeting with French President Emmanuel Macron.

The French leader sparked optimism when he suggested concessions over the Irish backstop issue, a potential softening of Europe’s stance and a step toward curbing a no-deal Brexit. Mr Johnson was optimistic, saying “[with that] energy and creativity we can find a way forward”. However, Mr Macron later dampened his own sentiment, insisting the Irish backstop is “indispensable” for the preservation of political stability within the European...
source: Express

2019-08-22 19:38
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