Pound Euro (GBP/EUR) Exchange Rate Muted ahead of Eurozone Inflation

Pound Euro (GBP/EUR) Exchange Rate Muted ahead of Eurozone Inflation

December 1, 2024 – Written by Frank Davies

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The Pound Euro (GBP/EUR) exchange rate wavered sideways on Thursday as mixed factors and a muted mood ahead of the Eurozone inflation figures subdued the pairing.

The Pound (GBP) traded flat on Thursday due to an absence of significant UK economic data.

The sole release was a mid-tier consumer confidence report from the British Retail Consortium (BRC), revealing a slightly gloomier sentiment among…
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