FX Guys

Pound to Euro Exchange Rate Smashes 2024 Best

December 11, 2024 – Written by David Woodsmith

At the time of writing, the GBP/EUR was trading at around €1.2117, up roughly 0.3% from Tuesday’s opening levels.

On Tuesday, the Euro (EUR) declined against most of its peers, largely due to the absence of domestic data releases and a strengthening US Dollar (USD).

With no economic data from the Eurozone to influence trading, EUR exchange rates were mainly guided by market sentiment.

However, even though a risk-off market mood typically…
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