Pound to Euro Rate Today: GBP/EUR Subdued following German Data

Pound to Euro Rate Today: GBP/EUR Subdued following German Data

October 29, 2024 – Written by John Cameron

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The Pound Euro (GBP/EUR) exchange rate treaded water on Tuesday following the publication of Germany’s latest GfK consumer confidence data.

At the time of writing, the GBP/EUR was trading at around €1.2008, virtually unchanged from Tuesday’s opening levels.

The Euro (EUR) faced challenges attracting buyers on Tuesday and remained largely unchanged against most of its counterparts despite encouraging data…
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