January 3, 2024 – Written by David Woodsmith
Leave a comment STORY LINK Pound to Euro Exchange Rate: Weaker Equities Limit Sterling Buying Interest
The Pound to Euro exchange rate was unable to hold 1.1565 highs on Tuesday with a retreat to 1.1520 before a fresh advance to 1.1550 on Wednesday.
GBP/EUR will still find it difficult to make significant headway if equities remain under pressure.
The FTSE 100 index traded close to 0.5% lower on Wednesday with a 0.7% retreat for the German DAX index.
The latest Euro-Zone data recorded…
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