October 4, 2024 – Written by John Cameron
STORY LINK Pound to Euro End-of-Week Forecast: GBP/EUR Nosedives following BoE Remarks
The Pound Euro exchange rate plunged on Thursday as the currency pairing was severely undermined by the latest commentary from Bank of England Governor Andrew Bailey.
At the time of writing, the GBP/EUR was trading at around €1.1887, down roughly 1% from Thursday’s opening levels.
The Pound (GBP) tumbled against the majority of its peers on Thursday, dropping over 1% against both the Euro (EUR)…
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