EUR/GBP — News Archive


Euro Bounces After Initial Losses During Volatile Session

Today’s trading session was very volatile for the Forex market due to the monetary policy meeting of the European Central Bank. The euro sank immediately after the gathering but bounced afterwards.

Pound Rises vs. Euro, Loses Gains vs. Dollar

The Great Britain pound rose against the euro today with the help of a relatively positive manufacturing report. The currency was less successful against the dollar, losing initial gains and falling below the opening level.

Euro a Little Lower on ECB Expectations

Euro is a little lower today, thanks in large part to expectations that the European Central Bank will actually have to take steps to stimulate the eurozone economy this week. However, the losses to the euro are limited, as some of these expectations have been priced in, and so far the ECB has failed to deliver on its threats.

UK Pound Continues to Struggle on Economy, Brexit Uncertainty

Once again, the UK pound is struggling in Forex trading. As the economy continues to lose steam, and as concerns mount that an upcoming referendum will end the United Kingdom’s participation in the European Union, the sterling is heading mostly lower today.

Euro Bounces a Little, But Risks Remain

Euro is seeing some gains today, surging ahead, even though the US just posted solid jobs report for February and there are still downside risks to the 19-nation currency.

Pound Mixed After UK Data Disappoints

The Great Britain pound fell against the euro today due to poor UK economic data and fears of the Brexit. Nevertheless, the sterling was able to gain on such major rivals as the US dollar and the Japanese yen.

Euro Continues to Decline on Signals of More Easing

Eurozone policymakers are indicating that more easing could be in the future. An ECB meeting is scheduled for next week, and the odds that even looser monetary policy is coming are higher than ever.

Inflation Reading Sends Euro Lower in Forex Trading

Euro is heading much lower today, dropping as the latest inflation reading prompts policymakers to talk about easing further at the next ECB meeting. Concerns about the economic recovery of the 19-nation currency region are once again paramount for many traders.

Sterling Ends Week as Biggest Loser due to Brexit Fears

The main theme on the currency markets last week was a potential exit of Great Britain from the European Union. Obviously, this led to weakness of the sterling, which has ended the week as the biggest loser among major currencies, though the euro was not immune as well.

Pound Fails to Rally, Trades Close to Opening

The Great Britain pound has attempted to rally during the current trading session but failed and is trading near the opening level as of now.