Pound Sterling Gains vs Euro After Latest Business Confidence Index

Pound Sterling Gains vs Euro After Latest Business Confidence Index

March 24, 2025 – Written by Frank Davies

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At the start of a very busy week for the UK economy and markets, the Pound (GBP) secured a limited net gain against the Euro (EUR) on Monday.

The Pound to Euro (GBP/EUR) exchange rate also secured a limited advance to near 1.1960 as the overall PMI business confidence index hit a 6-month high despite a further slump in manufacturing.

ING expects that a negative reaction to Wednesday’s budget will…
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