January 10, 2025 – Written by Frank Davies
STORY LINK Pound to Euro: 10-Week Low, Where Next?
The Pound vs Euro exchange rate (GBP/EUR) slipped on Thursday as concerns over the UK’s rising borrowing costs undermined the currency pairing.
On Thursday, the Pound (GBP) faced another downturn, losing ground against most of its major trading partners as persistent worries about escalating UK borrowing costs continued to weigh on the currency’s sentiment.
Early in the day, the yield on the 10-year UK government bond climbed to its highest point since 2008, fueling concerns about…
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