Pound to euro exchange rate: GBP barely shifts despite new Brexit extension until October

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Pound to euro exchange rate barely shifts despite new Brexit extension until October

deadline date has been pushed back once again. The EU has granted the UK an extension to the Halloween date of 31 October 2019. The lack of shift suggests the market was well prepared for the announcement of the delayed date. This new October date comes after a compromise between France who wanted a short extension and Germany who backed a longer one.

 

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