October 31, 2024 – Written by James Fuller
STORY LINK UK 2024 Autumn Budget and Strong Eurozone GDP Spark Pound to Euro Exchange Rate Losses
The Pound Euro (GBP/EUR) exchange rate dropped on Wednesday, with strong Eurozone data and the UK budget impacting the pairing.
At the time of writing, GBP/EUR traded at €1.1978, down 0.4% on the day.
The British Pound (GBP) dropped on Wednesday following Chancellor Rachel Reeves’s presentation of the highly anticipated Autumn Budget.
Pre-budget…
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