March 2, 2023 – Written by John Cameron
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Flattens amid Diminished BoE Rate Hike Bets
Pound Euro (GBP/EUR) Exchange Rate Flattens amid Diminished BoE Rate Hike Bets
The Pound Euro (GBP/EUR) exchange rate traded sideways on Thursday, as GBP investors began to readjust their expectations of further interest rate hikes from the Bank of England (BoE).
At the time of writing, GBP/EUR traded at around €1.1276, showing minimal movement from Thursday’s opening rates.
Pound (GBP) Wavers as GBP Investors Pare Back Rate Hike Bets
The Pound (GBP) saw limited movement on Thursday, as pared back expectations…
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