February 20, 2025 – Written by Tim Boyer
STORY LINK Pound to Euro Hits 2025 Best, Pound Sterling Forecasts Eye 1.2200 GBPEUR
The Pound Sterling failed to hold an initial spike higher against the Euro with markets waiting for business confidence data on Friday to assess whether the risk of UK economic stagflation has increased.
The increase in UK inflation for January was slightly stronger than expected, further dampening expectations of a further near-term cut in interest rates.
Global geo-political developments…
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