March 23, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound to Euro Exchange Rate Forecast: GBP/EUR Slides as BoE Speculation Builds
The Pound to Euro (GBP/EUR) exchange rate retreated after Thursday’s Bank of England (BoE) policy decision and selling has continued to Friday with markets more confident that the central bank would cut interest rates at the June policy meeting.
GBP/EUR retreated to 2-month lows at 1.1640 after Friday’s European open.
Stronger-than-expected German business confidence data also underpinned…
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