June 26, 2024 – Written by John Cameron
STORY LINK Politics Dominate the Pound and Euro Exchange Rates
The Pound to Euro exchange rate (GBP/EUR) advanced to highs just above 1.1860 on Tuesday before settling around 1.1845.
There are further doubts surrounding the Euro-Zone economic outlook, although political developments are tending to dominate at this stage with the countdown underway for two important elections in France and the UK.
Markets are continuing to debate the French political outlook ahead of the first round of parliamentary elections this weekend.
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