February 24, 2023 – Written by John Cameron
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Narrows as German Economy Shrinks Further
Pound Euro (GBP/EUR) Exchange Rate Narrows as German Economy Shrinks Further
The Pound Euro (GBP/EUR) exchange rate narrowed on Friday, following the news that the German economy had contracted more than initially thought in the fourth quarter.
At the time of writing, GBP/EUR was trading at around €1.1330, showing little movement from Friday’s opening rates.
Pound (GBP) Undermined by Domestic Headwinds
The Pound (GBP) traded in flux on Friday, as a lack of major macroeconomic data releases left Sterling…
Read More
