January 17, 2025 – Written by Tim Boyer
STORY LINK Pound to Euro Rate Ticks Lower following UK GDP
The Pound Euro exchange rate (GBP/EUR) drifted lower on Thursday after the UK released its latest GDP reading.
At the time of writing, the GBP/EUR was trading at around €1.1857, down roughly 0.3% from Thursday’s opening levels.
On Thursday, the Pound (GBP) struggled against most of its counterparts as the UK released its latest GDP figures.
The data showed that the British economy expanded by 0.1% in November, following two months of decline….
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