May 20, 2024 – Written by John Cameron
STORY LINK GBP/EUR Exchange Rate Nears 2-Week Best Ahead of Crucial UK Inflation
The Pound to Euro (GBP/EUR) exchange rate strengthened to 2-week highs at 1.1690 on Friday before settling just below 1.1680 on Monday.
The latest UK inflation data will be crucial for the Pound this week and the latest PMI business confidence data will also be a key element.
Rightmove data recorded an increase in UK house prices of 0.8% for May after a 1.1% gain previously. Prices increased 0.6% over the year to a fresh…
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