FX Guys

Pound Euro News: GBP/EUR Exchange Rate Rises as UK Inflation Climbs to 10.4%

March 22, 2023 – Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate jumped on Wednesday morning after a surprise rise in UK inflation boosted Bank of England (BoE) interest rate rise bets.

At the time of writing, GBP/EUR was trading at around €1.1369, having gained 0.2% on the day.

Pound (GBP) Jumps as UK CPI Boosts BoE Bets

The Pound (GBP) rallied on Wednesday morning as a hotter-than-expected…
Read More