FX Guys

Pound to Euro Outlook: Sterling Flat despite Lacklustre German Data

September 18, 2024 – Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate treaded water on Tuesday following the release of Germany’s latest ZEW economic sentiment index.

At the time of writing, the GBP/EUR was trading at around €1.1872, virtually unchanged from Thursday’s opening levels.

The Euro (EUR) found itself on the defensive against most of its peers on Tuesday following a sharp decline in Germany’s latest ZEW economic sentiment…
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