EUR/GBP — News Archive

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Euro Firm During Monday’s Trading, CPI Helps Preserve Momentum

The euro was relatively strong against its major rivals today. The inflation data released during the current trading session, being rather positive, did not give the currency a reason to reverse its trend.

Amazing Performance of Pound Caused by Interest Hike Speculations

The Great Britain pound surged during the past trading week, propelled by interest rate hike speculations. Meanwhile, safe currencies found little demand as risk appetite came to the market.

Euro Mixed, Prospects for QE Tapering Stay in Place

The euro was mixed today, rising versus the US dollar and the Japanese yen, but falling against the Great Britain pound and the Swiss franc. The currency continued to receive support from quantitative easing tapering expectations.

British Pound Jumps as Policymakers Signal Interest Rate Hike

The British pound jumped against its major counterparts on Thursday after UK policymakers hinted that interest rates may be raised relatively soon.

Mixed Employment Data Leaves Sterling Without Direction

The Great Britain pound demonstrated mixed performance today, rising against some majors, while falling versus others. That could be explained by the Wednesday’s release of employment data, which had both good and bad parts.

Euro Gains on Rivals as Traders Anticipate QE Tapering from ECB

The euro rallied today as speculators continued to anticipate quantitative easing tapering from the European Central Bank. While the shared 19-nation currency was unable to beat the very strong Great Britain pound, it gained on other most-traded peers, especially safe haven currencies.

Pound Gains on Vulnerable Dollar, Falls Against Other Rivals

The GBP/USD currency pair (also know as the Cable) rallied today on the back of the US dollar’s weakness. The Great Britain pound fell against other currencies, though. In fact, there were speculations that the sterling may reach parity with the euro.

Pound Remains Vulnerable to Adverse Fundamentals

The Great Britain pound was vulnerable today amid the cautious market sentiment, persisting uncertainty surrounding the Brexit, and poor economic data.

Pound Gains on Dollar, Remains Weak Against Other Majors

The Great Britain pound rose against the US dollar during Tuesday’s trading but fell against other currencies, including the euro.

Sterling Remains Vulnerable to Brexit Uncertainty

The Great Britain pound fell against the US dollar intraday but has recovered by now. The sterling was more soft against other currencies, driven down by the Brexit uncertainties.

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