Pound Euro Exchange Rate Directionless amid Data-Light Calendar

Pound Euro Exchange Rate Directionless amid Data-Light Calendar
September 17, 2024 – Written by John Cameron

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The Pound Euro (GBP/EUR) exchange rate treaded water on Monday amid a lack of both UK and Eurozone economic data releases.

At the time of writing, the GBP/EUR was trading at around €1.1862, virtually unchanged from Thursday’s opening levels.

The Euro (EUR) traded in mixed territory against the majority of its peers on Monday, as the absence of Eurozone data releases weighed on the single currency.

However, a weakening…
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