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Pound Euro (GBP/EUR) Exchange Rate Climbs as German Growth Stagnates

April 28, 2023 – Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Pushed Higher as Eurozone Growth Struggles

The Pound Euro (GBP/EUR) exchange rate firmed on Friday. The pairing was buoyed by signs of a slowdown in growth in both Germany and the Eurozone.

Upbeat UK business confidence figures and Bank of England (BoE) rate hike bets also pushed GBP/EUR higher.

At time of writing…
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