Inflation Slide Hurts Single Currency, Pound Sterling to Euro Exchange Rate Hits 5-Week Best

STORY LINK Inflation Slide Hurts Single Currency, Pound Sterling to Euro Exchange Rate Hits 5-Week Best

There has been significant divergence in currency markets on Thursday with significant gains for the Australian and New Zealand dollars while the Euro has come under pressure following the release of weaker-than-expected inflation data.

To some extent the Pound has been caught in the middle, along with the dollar, but the Pound to Euro (GBP/EUR)…
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