Pound Euro (GBP/EUR) Exchange Rate Slumps as UK’s Private Sectors Struggle

Pound Euro (GBP/EUR) Exchange Rate Slumps as UK’s Private Sectors Struggle

January 24, 2023 – Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Drops as UK Private Sector Struggles

The Pound Euro (GBP/EUR) exchange rate slipped on Tuesday. The pairing came under pressure from disappointing data releases for the UK’s private sectors. Additionally, a return to growth for the Eurozone’s services sector added to GBP/EUR’s downturn.

At time of writing the…
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