July 26, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound to Euro Exchange Rate: Sterling Unable to Hold Above 1.19
The Pound to Euro (GBP/EUR) exchange rate has been unable to hold above 1.1900 and settled around 1.1885.
Although data releases have triggered further concerns surrounding the Euro-Zone economy, there are wider currents in global markets with a risk-off trend and sharp dip in equities and risk aversion which has undermined the Pound and provided some Euro protection.
The Pound has been broadly resilient, but GBP/EUR will be more vulnerable…
Read More
