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GBPEUR Higher after UK Inflation data.

GBPEUR Higher after UK Inflation data.

by | May 29, 2023 | EU, EUR, FX, GBP, GDP, USD

The last week was pretty volatile for markets- with traders now pricing in more BoE hikes this year (Expected to reach 5.5%) following inflation data showing no sign of cooling yet. Naturally, this helped push the GBPEUR rate higher into the 1.15 area- but...