Euro (EUR) Unmoved by Disappointing Releases

Euro (EUR) Unmoved by Disappointing Releases

January 9, 2025 – Written by John Cameron

gbp-to-euro-rate-forecast-2

The Pound Euro exchange rate (GBP/EUR) was largely unchanged on Wednesday despite the release of several underwhelming data releases from within the Eurozone.

On Wednesday, the Euro (EUR) maintained its stability against most of its major counterparts, even as a series of disappointing economic data points emerged.

Germany’s factory orders and retail sales figures fell short of expectations, and this was compounded by weaker-than-anticipated…
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