November 25, 2024 – Written by John Cameron
STORY LINK Pound to Euro Rate Slips following Trump’s Nomination for Treasury Secretary
The Pound Euro exchange rate (GBP/EUR) edged lower on Monday as Donald Trump’s Treasury Secretary nomination helped calm concerns about US tariffs negatively impacting the Eurozone economy.
At the time of writing, GBP/EUR traded at €1.1986, down more than 0.3% on the day.
The Euro (EUR) strengthened on Monday, supported by its negative correlation with a weakening…
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