Pound Euro Exchange Rate Stable following ECB Interest Rate Decision

Pound Euro Exchange Rate Stable following ECB Interest Rate Decision
September 13, 2024 – Written by John Cameron

Pound Euro Exchange Subdued following ECB Rate Cut

The Pound Euro (GBP/EUR) exchange rate treaded water on Thursday following the European Central Bank’s (ECB) latest interest rate decision.

At the time of writing, the GBP/EUR was trading at around €1.1830, virtually unchanged from Thursday’s opening levels.

Euro (EUR) Ticks Up following ECB Rate Cut

The Euro (EUR) edged higher against most major currencies on Thursday, even as the European Central Bank (ECB) implemented a widely anticipated 25-basis-point interest rate…
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