The Pound Euro (GBP/EUR) exchange rate touched a fresh three-and-a half month high on Thursday morning, before retreating later in the session amid signs of easing UK services inflation.
GBP/EUR Exchange Rate Retreats from Key Resistance Level currencynews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from currencynews.co.uk Daily Mail and Mail on Sunday newspapers.
EUR/USD remains cushioned above 1 0800 on improved Eurozone s economic outlook fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
In May, Eurozone's PMI Manufacturing rose from 45.7 to 47.4, surpassing expectations of 46.6 and marking a 15-month high. PMI Services remained unchanged at 53.3, slightly below the forecast of 53.5. PMI Composite increased from 51.7 to 52.3, reaching a 12-month high.