GBP to Euro Exchange Rate Ticks Up following UK and Eurozone PMI Data

GBP to Euro Exchange Rate Ticks Up following UK and Eurozone PMI Data

December 17, 2024 – Written by David Woodsmith

gbp-to-euro-rate-forecast-8

The Pound vs Euro exchange rate (GBP/EUR) drifted higher on Monday following the publication of both the UK’s and the Eurozone’s preliminary PMI data for December.

On Monday, the Pound (GBP) strengthened against most of its peers after the release of the UK’s preliminary PMI data for December.

The report showed that the UK’s manufacturing index continued to decline, falling from 48.0 to 47.3,…
Read More

Leave a comment

Send a Comment

Your email address will not be published. Required fields are marked *