January 17, 2023 – Written by John Cameron
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Bolstered by UK Jobs Data
Pound Euro (GBP/EUR) Exchange Rate Climbs after UK Jobs Data
The Pound Euro (GBP/EUR) exchange rate rose on Tuesday. The pairing was bolstered by evidence of persistent UK wage growth which bolstered Bank of England (BoE) interest rate hike bets.
The GBP/EUR exchange rate saw its gains capped by a risk-off market mood however, as well as hawkish comments from European Central Bank (ECB) policymakers.
At…
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