November 30, 2023 – Written by Frank Davies
Leave a comment STORY LINK Pound to Euro December Forecast: Potential Scope to 1.1630
The Pound to Euro exchange rate strengthened to 7-week highs just above 1.1600 in early Europe on Thursday before a retreat to 1.1580 in choppy trading.
Interest-rate expectations will remain a key driver for GBP/EUR in the short term and the Pound should maintain an underlying firm tone in the short term.
The latest data has reinforced expectations that the ECB will be in a position to cut interest rates next year, but there was an element…
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