Pound Euro (GBP/EUR) Exchange Rate Ticks Higher as Markets Bet on BoE Slowdown

Pound Euro (GBP/EUR) Exchange Rate Ticks Higher as Markets Bet on BoE Slowdown

March 13, 2023 – Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Firms as Risk Appetite Improves

The Pound Euro (GBP/EUR) exchange rate edged higher on Monday. The pairing found support from risk-on mood, as well as growing expectations of a dovish shift in European Central Bank (ECB) policy.

On the other hand, GBP/EUR’s gains were limited by market jitters ahead of the UK government’s…
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