January 2, 2025 – Written by David Woodsmith
STORY LINK British Pound Sterling Slides Against Euro and Dollar on 2025 UK Stagnation Fears
The British Pound weakened at the start of 2025, while the US Dollar made further headway against European currencies.
The Pound to Euro (GBP/EUR) exchange rate retreated to 1.2040 while the Pound to Dollar (GBP/USD) exchange rate dipped to 7-month lows at 1.2470.
There are increased market concerns that the UK economy will struggle while the Bank…
Read More
