March 2, 2024 – Written by Tim Boyer
Leave a comment STORY LINK Euro to Pound Rate “Finds itself in a State of Flux”: Danske
The latest UK data indicates that hopes for lower interest rates have underpinned a rebound in the housing sector and boosted business confidence.
The Euro has held firm, however, and the Pound to Euro (GBP/EUR) exchange rate has edged lower to 1.1675.
Solid data and expectations of tax cuts next week should still underpin GBP/EUR in the short term.
UK mortgage approvals increased to 55,200 for January from an upwardly-revised 51,500…
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