FX Guys

Pound to Euro Rate Flat despite Warming Eurozone Inflation

January 8, 2025 – Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate was largely unchanged on Tuesday following the release of the Eurozone’s latest inflation data.

On Tuesday, the Euro (EUR) failed to make significant progress against most of its counterparts, even as the Eurozone released its latest consumer price index (CPI).

In December, the Eurozone’s headline inflation rate increased from 2.2% to 2.4%, aligning with market expectations. Similarly,…
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