February 10, 2023 – Written by John Cameron
Pound Euro (GBP/EUR) Exchange Rate Rises Despite Above-Forecast UK GDP Contraction
The Pound Euro (GBP/EUR) exchange rate climbed on Friday. Better-than-expected growth data for the UK bolstered the pairing. Figures indicated that the UK avoided a technical recession in 2022.
On the other hand, an above-forecast contraction in the UK’s economy…