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