October 22, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound Euro Exchange Rate Wobbles amid Cooling German PPI and Risk Aversion
The Pound Euro (GBP/EUR) exchange rate wobbled on Monday morning, amid softer German PPI figures and a risk-averse market mood.
At the time of writing, GBP/EUR traded at €1.2000, having wobbled in a narrow range since the week’s trade began.
Pound (GBP) Muted as Market Mood Sours
The Pound (GBP) began the week on the back foot, nudged lower by a cautious market sentiment that weighed…
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