December 13, 2024 – Written by John Cameron
STORY LINK Pound Euro Exchange Rate on the Defensive Following ECB Rate Cut
The Pound Euro (GBP/EUR) exchange rate trended broadly lower on Thursday following the release of the European Central Bank’s (ECB) latest interest rate decision.
At the time of writing, the GBP/EUR was trading at around €1.2108, down roughly 0.3% from Thursday’s opening levels.
Euro (EUR) Firms Following ECB Rate Decision
On Thursday, the Euro (EUR) maintained its stability against most of…
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