Rate Alert: Sterling’s growth continues



Rate Alert: Sterling’s growth continues

The pound continues to make steady gains against the euro as Italy’s budget dilemma continues after the EU revealed its plans to increase spending, adding to its already massive debt pile of some 130% of the GDP.

The pound’s strength started last week after some optimism on the Brexit deal. The feeling continues this week with expectations running high ahead of the meeting of EU leaders on October 17.

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