Pound Euro Exchange Rate Steady: EUR Suffers as German Car Manufacturers Struggle from Lack of Demand

GBP/EUR Exchange Rate Rangebound as German Car Markets Struggle to Acquire Crucial Parts The Pound Euro exchange rate held steady this morning as German car manufacturers are struggling to acquire crucial parts. As a result, Eurozone markets are becoming increasingly concerned about the outlook for the economy. The pairing is currently fluctuating around €1.15. The Euro failed to gain against the Pound after last week saw the German...