June 20, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound to Euro Exchange Rate Forecast: 1.19 Lost?
The Pound edged higher after the latest UK inflation data. The evidence of further sticky services-sector inflation increased doubts whether the Bank of England would cut interest rates at the August meeting, although the overall shift in pricing was limited.
The Pound to Euro (GBP/EUR) exchange rate strengthened to 1.1860 from 1.1830 before settling just above 1.1850.
There were no major Euro-Zone developments with markets till monitoring French political developments….
Read More
