FX Guys

Pound Euro Exchange Rate Muted despite Upbeat Market Mood

February 20, 2025 – Written by David Woodsmith

GBP/EUR was trapped in a narrow despite Thursday’s cheery trade and downbeat data releases.

At the time of writing, the Pound Euro exchange rate (GBP/EUR) was trading at around €1.2082, virtually unchanged from Thursday’s opening levels.

On Thursday, the Euro (EUR) failed to attract much investor interest and weakened against several of its major counterparts.

This downturn followed the release of Germany’s…
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