November 1, 2024 – Written by John Cameron
STORY LINK Pound to Euro Exchange Rate Strikes Four-Week Low as Eurozone Inflation Beats Forecasts
The Pound Euro (GBP/EUR) exchange rate plunged on Thursday after hotter-than-forecast Eurozone inflation saw the single currency surge.
At the time of writing, GBP/EUR traded at €1.1856, down 0.6% on the day.
The Euro (EUR) surged on Thursday following the release of the Eurozone’s latest consumer price index, which surpassed expectations.
Preliminary…
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