EUR/GBP Price Analysis: Falls To Near 0.8550 Amid Uncertainty Over Timing Of ECB, BoE Rate Cuts
March 04, 2024 at 04:34 AM EST
EUR/GBP slips to 0.8550 as hot Eurozone inflation data deepen uncertainty over ECB’s timing of rate cuts. The highest inflation in the UK economy among G-7 economies indicates that the BoE will cut interest rates later than the ECB.