The pound-euro (GBP\/EUR) exchange rate is rising after three consecutive days of losses.<\/p>\n
The pound is edging higher as concerns over Prime Minister Keir Starmer\u2019s leadership ease and optimism grows over closer UK-EU ties.<\/p>\n
Starmer\u2019s pledge to remain in office has helped stabilise sentiment, while comments from Rachel Reeves supporting deeper EU integration have also underpinned sterling.<\/p>\n
However, gains may be capped by expectations of further Bank of England rate cuts as inflation is seen returning to 2% by spring.<\/p>\n
Meanwhile, the euro is slipping amid limited data and the ECB signals that inflation will return to 2% despite undershooting the target currently.<\/p>\n
The market is not expecting further ECB rate cuts this year.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound-euro (GBP\/EUR) exchange rate is rising after three consecutive days of losses. The pound is edging higher as concerns over Prime Minister Keir Starmer\u2019s leadership ease and optimism grows over closer UK-EU ties. Starmer\u2019s pledge to remain in office has helped stabilise sentiment, while comments from Rachel Reeves supporting deeper EU integration have also […]<\/p>\n","protected":false},"author":163946598,"featured_media":4762,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":{"0":"post-120376","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-eur","10":"tag-gbp","11":"tag-gbp-eur"},"acf":[],"yoast_head":"\n