January 14, 2025 – Written by Frank Davies
STORY LINK Pound to Euro Remains Weighed, UK Inflation up Next
The Pound to Euro exchange rate (GBP/EUR) continued to slip on Tuesday as the state of the UK’s bond market undermined the currency pairing.
GBP/EUR traded at around €1.1871, down roughly 0.4% from Tuesday’s opening levels.
On Tuesday, the Pound (GBP) saw a slight recovery from its recent losses, with smaller fluctuations against other currencies.
This uptick came as UK government bonds began to decline late on Monday, with the…
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