March 6, 2025 – Written by David Woodsmith
STORY LINK Pound to Euro: Seismic German Shift Drives Further EUR Gains vs GBP Sterling
The Euro (EUR) has continued to make strong gains against the Pound Sterling (GBP) and US Dollar (USD) in global markets with the Euro-Dollar at 4-month highs at 1.0820 before a limited correction.
The Pound to Euro exchange rate (GBP/EUR) retreated further to 5-week lows near 1.1930 before stabilising.
Danske Bank commented, “EUR/GBP moved higher on the broad-based…
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