October 9, 2024 – Written by Frank Davies
STORY LINK Pound to Euro Rate Flat despite Positive German Data
The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Tuesday as Germany published its latest industrial production reading.
At the time of writing, the GBP/EUR was trading at around €1.1933, virtually unchanged from Tuesday’s opening levels.
The Euro (EUR) rose against most currencies on Tuesday, bolstered by Germany’s newest industrial production numbers.
The index exceeded market forecasts in August, jumping from a previous -2.9% to…
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