March 9, 2023 – Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered amid Lack of Data and Elevated Rate Hike Bets
Pound (GBP) Quiet ahead of GDP Growth Data
The Pound (GBP) remained subdued on Thursday, much like the entire week, amid a lack of economic data. Mixed signals from the Bank of England (BoE) failed to lift Sterling against more aggressive central banks.
Elsewhere, with ongoing industrial action, the Office for National Statistics (ONS) revealed that one in 10 UK businesses were impacted by strikes in January. As industrial action continues across the country, with train staff, nurses, and teachers all…
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