For quite a long time, the Euro has become the significant currency across the world. By 2001, all of the key currencies were floated. Other currencies which aren’t listed here are deemed soft currencies. The very first quoted currency is called the base currency which is GBP, then Euro is the currency to be converted to.
The British Pound in the currency used in the United Kingdom. As a trader, the foreign currency exchange market is extremely volatile and it’s tough to forecast the movement of a currency pair if you aren’t acquainted with the fundamental things determining the worth of a currency such as GBP.
from
http://www.changecurrency.org/exchange-rates/euro/
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