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December 11, 2024

GBP/EUR Exchange Rate Steady Despite Risk-Off Sentiment

As of the latest updates, the GBP/EUR exchange rate is about €1.2116, reflecting an increase of approximately 0.3% from Tuesday’s opening rate. The Euro (EUR) has weakened against most peers, largely due to a lack of domestic data and the strengthening of the US Dollar (USD). This movement highlights increased risk-off sentiment in the market.

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