Pound to Euro Exchange Rate Strikes Four-Week Low as Eurozone Inflation Beats Forecasts – Currency News
The Pound to Euro exchange rate has hit a four-week low following better-than-expected inflation data in the Eurozone. Eurozone inflation beat forecasts, causing the Euro to strengthen against the Pound. This news has led to a decrease in the exchange rate between the two currencies. Investors are closely monitoring the situation as they assess the impact of the latest economic data on the currency markets.