EUR/GBP — News Archive

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Brexit Continues to Weigh on UK Sterling

The Great Britain pound fell today, following the sharp drop on Friday, as market participants continued to speculate whether the United Kingdom is going to remain in the European Union.

Euro Drops as Economic Data Disappoints

Euro is heading lower today, dropping on disappointing economic data and concerns that the eurozone will see more slowing. Concerns about the various countries in the eurozone are weighing on the 19-nation currency.

Great Britain Pound Falls, Still Heads to Weekly Gains

The Great Britain pound fell against the US dollar and the euro today due to signs that the Bank of England may decide to ease its monetary policy.

Pound Firm After Employment Data & Brexit Polls

The Great Britain pound was very strong today, gaining on it major rivals, even the US dollar that itself was also firm. The reason for the amazing performance was the employment report and the Brexit polls.

Euro Loses Ground Against Dollar, Pound

Euro is lower today against the dollar and the pound as concerns about the eurozone economy compare unfavorably to better data coming out of the United States and relief out of the United Kingdom. Euro is heading lower as policy divergence becomes more likely.

Weak Inflation Data Doesn’t Stop Pound

UK pound is heading higher today, in spite of weaker than expected inflation data. Sterling is higher against most of its counterparts. Some of the gains are the result of the popularity of a Brexit from the European Union falling a little bit. However, there are enough weaknesses right now that the sterling’s gains might be short-lived.

Euro Mostly Rangebound as Forex Traders Consider Data

Euro is mostly rangebound today as Forex traders and analysts consider data and contemplate the week ahead. The 19-nation currency has been struggling lately, thanks in large part to forecast revisions and data improvements for the US dollar.

Euro Pulls Back as Economic Slowdown is Expected

Economist and analysts expect the eurozone economy to slow its rate of growth through the end of 2016, and that is weighing on the euro today. The 19-nation currency is struggling against some of its counterparts.

Sterling Sees Advantage in Currency Trading

UK pound is seeing an advantage today, heading higher against its major counterparts. For the most part, however, gains by the sterling are more about other currencies’ weaknesses than the pound’s strength. There is still plenty of uncertainty to go around with regard to the UK pound.

Euro Trades Mixed as More Greek Discussion Gets Under Way

More discussions about what to do about Greek debt are getting underway, and that is impacting the euro today. The 19-nation currency is trading mixed today, heading lower against the pound and the dollar, but gaining ground against currencies like the yen.

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