FX Guys

Pound Euro (GBP/EUR) Exchange Rate Trades Narrowly as Eurozone Retail Sales Stagnate

June 6, 2023 – Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Rangebound as Risk Appetite Remains Cautious

The Pound Euro (GBP/EUR) exchange rate trended sideways on Tuesday. The pairing was underpinned by disappointing data for the Eurozone’s retail sector and Germany’s factory orders. Softening inflation expectations also limited GBP/EUR’s downturn.

On the…
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