February 20, 2025 – Written by David Woodsmith
STORY LINK Pound-to-Euro Exchange Rate Outlook Strengthens Following UK Inflation Data
The British Pound edged higher against the US Dollar on Wednesday morning after UK inflation data came in hotter than expected. However, concerns over rising government borrowing costs appeared to cap Sterling’s upside.
At the time of writing, the Pound to Euro exchange rate (GBP/EUR) was trading at €1.2083, posting a modest gain on the day and hovering just below the near…
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