Pound to Euro Rate: GBP Rises as Rallying USD, French Political Fears Weigh on EUR

Pound to Euro Rate: GBP Rises as Rallying USD, French Political Fears Weigh on EUR

December 3, 2024 – Written by John Cameron

gbp-to-eur-rate-forecast-4

The Pound to Euro exchange rate (GBP/EUR) rose on Monday as a climbing US Dollar (USD) and French political instability dented the Euro.

The Euro came under significant pressure at the start of the week, due to the single currency’s negative correlation with a rallying US Dollar.

USD strengthened following remarks by President-Elect Donald Trump, who proposed…
Read More

Leave a comment

Send a Comment

Your email address will not be published. Required fields are marked *