August 23, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound Euro Exchange Rate Hits 20-Day Best on UK Goldilocks Hopes
The latest UK business confidence data triggered fresh hopes of a goldilocks economy with solid growth and moderating inflation pressures.
Anoth weak set of German data undermined the Euro, although the overall Euro-Zone data was more positive.
The Pound to Euro (GBP/EUR) exchange rate hit 20-day highs close to 1.1770 after the latest UK and German data.
GBP/EUR is now tackling key resistance area around 1.1765 which equates…
Read More
