January 21, 2025 – Written by Frank Davies
STORY LINK Bank of England Decision Gets Tougher, Pound to Euro Holds 1.182
UK yields were little changed while the Pound to Euro (GBP/EUR) interest rate was unable to make headway and settled around 1.1830, close to 4-month lows near 1.1800 recorded on Monday.
The Pound to Dollar (GBP/USD) exchange rate traded close to 1.2250 with Trump’s trade talk maintaining volatile trading conditions.
The latest UK data has complicated the Bank of England’s policy decisions. Although…
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