April 27, 2023 – Written by John Cameron
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Edges Higher as Euro Succumbs to USD Strengthen
Pound Euro (GBP/EUR) Exchange Rate Edges Higher as Euro Succumbs to USD Strengthen
The Pound Euro (GBP/EUR) exchange rate firmed during Thursday’s trade, as the Euro was undercut by its negative correlation to the US Dollar.
At the time of writing, GBP/EUR traded at around €1.1314, an increase of around 0.2% from Thursday’s morning rates.
Euro (EUR) Weakens as US Dollar Climbs
The Euro (EUR) broadly weakened during Thursday’s session, as a strong showing from the US Dollar undermined the single currency.
The…
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