Pound Sterling is under pressure into the weekend, retreating from four-year highs against the Euro.
There are two-way risks facing Pound Sterling today. Here, we examine what the potential 'hawkish' and 'dovish' outcomes would look like.
Pound to Euro Hits 1.21
- Category: EUR
Pound Sterling rallied after UK wages stoked inflationary fears and Germany's ifo sentiment indicator confirmed a tepid end to a poor 2024 for the Eurozone's largest economy.
Pound to Euro Rate Rallies Following PMI Beat, But Reeves' Job Tax A Major Threat for 2025
- Category: EUR
Pound Sterling recovered some recent losses against the Euro after December's flash PMI beat expectations. However, relief is limited by signs the labour market is softening.
