5-week high against the EUR<\/a> despite the BoE cutting rates this week.<\/p>\nInvestors also consider the agreed-upon UK\u2014US trade deal framework, which benefits the UK car, steel, and aluminium industries.<\/p>\n
The euro is under pressure as amid a lack of fresh catalysts.\u00a0 The eurozone economic calendar is quiet.<\/p>\n
ECB policymakers see inflation easing back to the 2% target, supporting the view that the central bank will cut again in June.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro exchange rate is rising on Friday for a fourth straight day. The pound has risen to a 5-week high against the EUR despite the BoE cutting rates this week. Investors also consider the agreed-upon UK\u2014US trade deal framework, which benefits the UK car, steel, and aluminium industries. The euro is under pressure […]<\/p>\n","protected":false},"author":163946598,"featured_media":5082,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,2649,1394,2410],"class_list":["post-119220","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-eur-gbp","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n
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