November 6, 2024 – Written by Frank Davies
STORY LINK Pound to Euro Rate Jumps on President Trump Win, USD Rallies, EUR Pressured
US Ddollar gains to some extent.
The Pound to Dollar (GBP/USD) exchange rate dipped to just below 1.2850 before regaining the 1.2900 level.
The Euro has been hit harder than the Pound due to fears over a more aggressive trade policy and damage to the Euro-Zone economy.
In this context, the Pound to Euro (GBP/EUR) exchange rate has strengthened to 1.2000.
According…
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