March 18, 2025 – Written by James Fuller
STORY LINK Pound Sterling Forecast vs Euro Ranges: Strong Support on Dips to 1.177
On Tuesday, the German parliament (Bundestag) approved the constitutional change to exempt defence and security spending from the debt brake. The huge German spending commitment is in stark contrast to UK pressure to tighten policy.
The Euro had priced in the approval, limiting scope for further buying, but did secure limited further support following the vote and the Pound to Euro (GBP/EUR) exchange…
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