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February 12, 2025

GBP/EUR Exchange Rate Stays Steady Amid Trade Tensions

The GBP/EUR exchange rate held steady at about 1.20096, showing minor fluctuation from Wednesday’s opening levels. The Euro EUR displayed weakness amid ongoing concerns regarding transatlantic trade tensions. With a wary market, the focus now shifts to upcoming economic data that could impact the Euro’s strength against the Pound. Observers are monitoring the situation closely as trade negotiation outcomes could sway the exchange rates significantly moving forward.

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