FX Guys

Pound Euro Exchange Rate Flat ahead of BoE Decision and US Election Results

November 6, 2024 – Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate traded sideways on Tuesday as markets looked ahead to incoming high-impact events.

At the time of writing, GBP/EUR traded at €1.1918, virtually unchanged from the start of the session.

The British Pound (GBP) was uncertain on Tuesday as investors held back on bold moves in anticipation of the Bank of England’s (BoE) interest rate decision,…
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