Boost to UK Government Finances Ahead of the Budget, Pound Recovers Against Euro

Boost to UK Government Finances Ahead of the Budget, Pound Recovers Against Euro
February 22, 2024 – Written by John Cameron

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The Pound to Euro exchange rate (GBP/EUR) dipped to 4-week lows just below 1.1660 on Tuesday before a tentative recovery to 1.1680.

Global central bank interest rate expectations will remain a crucial element for global currency markets with some Euro support as confidence in an April ECB rate cut faded.

GBP/EUR can make headway if there is firm UK PMI business confidence data on…
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