February 10, 2025 – Written by David Woodsmith
STORY LINK Pound to Euro Fails to Hold 1-Week Best Exchange Rate for Buyers
US trade policies and the German political outlook together with UK economy and wider geo-political developments will all have an important impact on European currencies during the week.
Traders will be on edge throughout the week as relative confidence drives the Pound.
The Pound to Euro (GBP/EUR) exchange rate traded at 1.2015 from an initial 4-week highs at 1.2050.
Despite near-term risks,…
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