December 18, 2024 – Written by Tim Boyer
STORY LINK Pound Sterling Jumps vs Euro and Dollar on UK Wages Rebound
Stronger-than-expected UK wages triggered a jump in the Pound on Tuesday while another weaker German data release undermined the Euro.
The Pound to Euro (GBP/EUR) exchange rate jumped back above the 1.2100 level from 1.2065.
The latest UK inflation data on Wednesday will cause further Pound volatility.
The Pound to Dollar (GBP/USD) exchange rate challenged 1.2700, but was hampered by wider dollar strength in global…
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