Pound V euro: GBP struggles on positive euro outlook amid UK inflation figures


INFLATION figures have beaten forecasts and raised the odds that the Bank of England will opt to accelerate the pace of its monetary tightening cycle this year. The pound euro exchange rate is barely above opening levels at €1.126 following the news.

INFLATION figures have beaten forecasts and raised the odds that the Bank of England will opt to accelerate the pace of its monetary tightening cycle this year. The pound euro exchange rate is barely above opening levels at €1.126 following the news.
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