January 30, 2024 – Written by John Cameron
STORY LINK Pound to Euro: Best Money Transfer Rates of Five Months
Dovish ECB Expectations Continue to Sap Euro Support, GBP/EUR Exchange Rate Hits Fresh 5-Month Highs
The Pound to Euro (GBP/EUR) exchange rate found support at 1.1700 on Friday and posted a further advance on Monday with a fresh 5-month high just above the 1.1730 level.
The Euro-Zone economic data releases and Bank of England (BoE) interest rate decision will be key elements this week.
Risk appetite will also be important with FTSE 100 index gains…
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