Julian Benson
on December 21st, 2022 Yesterday the euro’s luck continued against the pound following a surge last Thursday when the European Central Bank announced an interest rate hike of 50bps. It is now trading just under 2% higher than at the start of December.
Yesterday afternoon, markets heard the Euro Area’s consumer confidence indicator rose 1.7 points to -22.2 in December, a considerable rise from it’s all-time low of -28.7 in September this year.
EUR/GBP: the past year
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