April 24, 2023 – Written by John Cameron
Leave a comment STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rangebound after ECB Comments
Pound Euro (GBP/EUR) Exchange Rate Trades Narrowly amid Risk-Off Mood
The Pound Euro (GBP/EUR) exchange rate trended sideways on Monday. Comments from European Central Bank (ECB) officials weighed on the pairing as markets increased their expectations of further policy tightening.
The exchange rate also came under pressure from a retreat in global risk appetite.
On…
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