September 27, 2024 – Written by John Cameron
STORY LINK Pound Euro Exchange Rate Rises amid BoE-ECB Policy Divergence
The Pound Euro (GBP/EUR) exchange rate saw a slight rise early in Thursday’s session, bolstered by the expected policy divergence between the Bank of England (BoE) and the European Central Bank (ECB), along with a risk-on market mood.
At the time of writing, GBP/EUR was trading at €1.1985, marking a 0.2% increase for the day.
The increasingly risk-sensitive Pound (GBP) found some support on Thursday as market sentiment improved….
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