Seed Market Outlook 26.02.24

Date: 26th February 2024 Category: Latest News

Exchange rate

The exchange rate for GBP (£) to EUR (€) dipped to 4-week lows just below 1.660 on Tuesday (20/03/24) before a tentative recovery to 1.1680. The Pound to US Dollar (GBP/USD) exchange rate is fluctuating a lot given the mixed UK economic data. The Pound (GBP) is trading in a quieter capacity, while news that UK fuel bills will ease is providing some cushioning, a dip in consumer confidence may be weighing down the Sterling.

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