British Pound climbs against Euro as bond plan faces opposition

Source: Bloomberg
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The Sterling appreciated versus the 17-nation currency on Monday as traders perceived UK national currency as a safe haven asset amid Eurozone inner conflicts regarding ESM bond purchases. The Pound gained 0.5% versus Euro to GBP 0.8023 and slipped 0.2% against the Greenback to USD 1.5682. Currently EUR/GBP is trading at GBP 0.8025.

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