Tuesday, February 4, 2020

GBP to EUR Exchange Rate Rebounds from Fortnight Worst as UK Data Continues to Beat Expectations

Following yesterday’s broad plummet in the Pound, the British Pound to Euro (GBP/EUR) exchange rate has steadied somewhat today. Investors are hesitant to sell the Pound too much, as recent data keeps Bank of England (BoE) speculation low. Meanwhile, investors are hesitant to buy the Euro too much amid a lack of strong support for the...

* This article was originally published here

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