Pound Euro Exchange Rate Rallies as UK Inflation Rate Betters Forecast

The Pound to Euro (GBP/EUR) exchange rate went on a sharp upward trajectory as the headline UK inflation rate exceeded forecasts for the month of December. A Solid Boost Across the Board Investors were persuaded to buy back into the pound following the strengthening of the inflation rate from 0.3% to 0.6% on the year. […]