Pound Euro Rate Today: Sterling Rallies to 1.1500

Pound Euro Rate Today: Sterling Rallies to 1.1500
October 26, 2023 – Written by James Fuller

pound-sterling-to-euro-rate-forecast-2023-2024

GBP/EUR Exchange Rate Pushes Through 1.1500 as Markets Debate UK and Euro-Zone Recession Threats

The Euro and Pound both remain under threat due to a lack of confidence in the Euro-Zone and UK economies respectively.

The Pound to Euro (GBP/EUR) exchange rate dipped to lows at 1.1450 on Thursday before rallying to near 1.1500 after the Wall Street open. Both currencies have found it difficult to gain a sustained advantage.

Danske Bank…
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