October 18, 2024 – Written by John Cameron
STORY LINK Pound to Euro News: GBP/EUR Exchange Rate Firms as ECB Cuts Interest Rates
The Pound Euro (GBP/EUR) exchange rate found some success on Thursday as the European Central Bank (ECB) delivered its third interest rate cut of 2024.
At the time of writing, GBP/EUR traded at €1.1987, up 0.3% on the day.
The Pound (GBP) started Thursday on a muted note, still feeling the impact of Wednesday’s disappointing inflation data.
September’s consumer price index revealed that UK…
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