December 4, 2023 – Written by Frank Davies
Leave a comment STORY LINK GBP/EUR Outlook: Pound to Euro Exchange Rate Posts 12-Week Best
The Pound to Euro exchange rate posted 12-week highs just above 1.1690 in Asia on Monday before consolidating just above 1.1650.
Market positioning and the shift in relative interest rate expectations has been a key element with the Pound drawing support from expectations of aggressive rate cuts next year.
There has already been in a shift in market expectations and investment banks have brought forward their expectations of a rate…
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