Pound at 18-month high against euro as German investor confidence falls
by Graeme Wearden from on (#5N5PX)
Sterling hit 1.1833 against the single currency, its highest level since February 2020
The pound rose to an 18-month high against the euro on Tuesday as fears over rising Covid-19 infections triggered a sharp fall in German investor confidence.
Sterling hit 1.1833 against the single currency, its highest level since February 2020, after investor morale in Europe's largest economy fell to its lowest level in nine months.
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