February 27, 2025 – Written by Frank Davies
STORY LINK Pound to Euro Rate Muted despite Disappointing German Data
The Pound Euro (GBP/EUR) exchange rate was trapped in a narrow on Wednesday despite the publication of some downbeat Eurozone data.
At the time of writing, the GBP/EUR was trading at around €1.2050, virtually unchanged from Wednesday’s opening levels.
On Wednesday, the Euro (EUR) weakened against several of its major counterparts due to the release of Germany’s latest GfK consumer confidence index.
The…
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