March 20, 2025 – Written by Tim Boyer
STORY LINK Pound to Euro Jumps to Best Rate in Two Weeks as Inflation Caution Dominates
The Pound to Euro (GBP/EUR) exchange rate advanced to 2-week highs close to 1.1960 from 1.1945 as the Euro lost ground in global markets.
The Bank of England (BoE) decision met strong expectations, but the vote split and relatively hawkish guidance provided net Pound support, especially against the Euro.
Money markets are still pricing in two further cuts this year with the chances…
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