October 16, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound Euro Exchange Rate Outlook: GBP/EUR Steady After UK and German Data
The Pound Euro (GBP/EUR) exchange rate traded sideways on Tuesday following the publication of both the UK’s latest labour report as well as Germany’s most recent ZEW economic sentiment index.
At the time of writing, the GBP/EUR was trading at around €1.1991, virtually unchanged from Tuesday’s opening levels.
The Pound (GBP) maintained its ground against most currencies on Tuesday despite the…
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