FX Guys

Pound Euro (GBP/EUR) Exchange Rate Muted amid ECB Guidance Confusion

April 17, 2023 – Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Muted amid ECB Guidance Confusion

The Pound Euro (GBP/EUR) exchange rate traded in narrow boundaries on Monday, as a lack of clarity over the European Central Bank’s (ECB) next rate hike decision left EUR with little inspiration.

At the time of writing, GBP/EUR traded at around €1.1297, and displayed little movement from Monday’s opening rates.

Euro (EUR) Muted amid Lack of Clarity in ECB Guidance

The Euro (EUR) traded narrowly during Monday’s morning session, as European Central Bank (ECB)…
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