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.
Euro Relief as ECB Goes 25bp
- Category: EUR
The Euro is riding out another rate cut at the European Central Bank (ECB) that didn't prove as 'dovish' as some had expected.
Analysis from Bank of America shows Pound Sterling is on a multi-year journey to levels last seen on the day of the EU referendum.