GBP/EUR Rates Flat During Wednesday Trading (Matthew Vassallo)

Pound to Euro Exchange Rate with UK Election Heating Up

GBP/EUR rates have remained very flat during today’s trading, staying range-bound between 1.26-25-1.2642 on the exchange. With little movement following the raft of Eurozone data released this morning, it is likely the markets are now waiting for tomorrow’s Eurozone inflation and unemployment figures, both of which can be key market movers.

There is little data of note for the UK tomorrow, so all eyes will be fixed on Friday’s PMI data to see if this can boost GBP/EUR back towards the recent two year high.

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