February 27, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound to Euro Exchange Rate Under 1.17 on Hints of Euro-Zone Recovery
The Pound to Euro exchange rate (GBP/EUR) has continued to consolidate below the 1.1700 level and traded close to 1.1685 in early Europe on Tuesday.
The Pound has been underpinned by low volatility in global markets, but overall ranges have remained narrow.
The Euro has also been protected by hopes for a revival in the Euro-Zone economy and doubts whether the ECB will sanction a near-term rate cut.
The British…
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