June 5, 2023 – Written by John Cameron
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Dips as Thin Data Calendar Blights GBP
Pound Euro (GBP/EUR) Exchange Rate Dips as Thin Data Calendar Blights GBP
The Pound Euro (GBP/EUR) exchange rate weakened on Monday, as a lack of key data releases sapped sentiment towards Sterling.
At the time of writing, GBP/EUR traded at around €1.1589, a fall of around 0.3% from Monday’s opening rates.
Pound (GBP) Cushioned by Services PMI Uptick
The Pound (GBP) was cushioned on Monday, as the final UK services PMI printed above preliminary readings, marking strong growth in the sector.
However, as the increase was to 55.2 above…
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