December 5, 2024 – Written by Tim Boyer
STORY LINK Pound Euro Exchange Rate: “There are many reasons to be underweight in the euro”
The Pound to Euro (GBP/EUR) exchange rate has held comfortably above 1.2000 and secured a net gain to around 1.2070. The pair was on track for the seventh successive daily gain amid increased fears over Euro-Zone stagflation.
According to ING; “Be it European political risk, weak activity, the threat of trade wars or energy prices creeping higher (EU gas inventories are…
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