October 25, 2024 – Written by Tim Boyer
STORY LINK GBP/EUR Exchange Rate Strengthens as Eurozone PMIs Disappoint
The Pound to Euro (GBP/EUR) exchange rate traded with modest gains on Thursday morning, as markets digested the latest PMI releases from both the UK and Eurozone.
At the time of writing, GBP/EUR was trading around €1.1999, up approximately 0.2% from Thursday’s opening levels.
The Euro (EUR) came under pressure on Thursday, in response to the Eurozone’s latest PMIs.
October’s preliminary figures highlighted…
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