August 28, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound to Euro Exchange Rate News: Aiming for August Best
The Pound has maintained a firm tone in global markets, supported by solid risk conditions while an on-going lack of confidence in the German outlook has curbed Euro support.
In this environment, the Pound to Euro (GBP/EUR) exchange rate is trading around 1.1825 and close to 3-week highs.
According to ING “EUR/GBP could make a run towards its recent 0.8400 lows.” (1.1905 for GBP/EUR).
The bank is also on the cusp of shifting its long-held…
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