February 5, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound Sterling and Euro Both Struggle – Foreign Exchange News
Foreign exchange update: The Pound to Euro exchange rate (GBPEUR) found support below the 1.1700 level in Asia on Monday and strengthened to near 1.1720 after the European open.
Markets overall are more confident over the UK economic outlook and Euro-Zone investor confidence improved in February, but the Pound and Euro have both lost ground in global markets on Monday.
Bank of England (BoE) and ECB expectations will be a key element for…
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