EUR/GBP — News Archive

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Euro Declines Despite Solid German Data as Traders Remain Cautious

The euro fell against the US dollar and the British pound on Tuesday, despite positive economic data in Germany, Europe’s biggest economy. Demand for the shared currency was faint as caution spread between traders as they worried of corrective movements that may follow a rally that lasted for months.

EUR/USD Rallies After Final Estimate of November CPI

The euro gained on the US dollar today, finding help in domestic macroeconomic data and the weakness of the greenback. The shared 19-nation currency also rallied against the Japanese yen but fell against other most-traded currencies, including the Great Britain pound and the Swiss franc.

Euro Maintains Gains Against US Dollar as Manufacturing Activity Grows in December

The euro maintained its gains against the US dollar on Thursday following a series of data releases that revealed strong activity in the manufacturing sector throughout the European Union. However, the shared currency failed to remain strong against the British pound, which was supported by solid growth in UK retail sales last month.

Pound Continues to Move Lower Ahead of Busy Week

The Great Britain pound continued to drop today, extending the Friday’s decline, as traders remained cautious ahead of the busy week.

Pound Slides as Concerns About Brexit Negotiations Grow

The Great Britain pound slumped today amid concerns about obstacles in the Brexit negotiations between the United Kingdom and the European Union.

Sterling Slides as Brexit Talks Encounter Another Roadblock

The Great Britain pound dropped today after the Brexit talks planned for yesterday failed to yield a result, collapsing at the last minute. The fact that growth of Britain’s services sector slowed more than was expected did not help the currency either.

British Pound Rises to Highest Level in Two Months on Strong Housing Market

The British pound rose to the highest level against the US dollar in more than two months on Thursday, as home prices rose more than expected in the United Kingdom. The British currency also touched its best level against the euro in a month following disappointing inflation data in the European Union.

Sterling Reverses Losses on Report About Breakthrough in Brexit Talks

The Great Britain pound rose sharply today, reversing earlier losses, after the report that Britain and the European Union have reached a major breakthrough in the Brexit negotiations.

Pound Remains Pressed by Brexit Worries

The Great Britain pound declined today, continuing to be dragged down by worries about the Brexit.

Euro Rebounds After Drop During Week

The past trading week was rather quiet due to Thanksgiving in the United States. With little going on in the USA, markets’ attention turned to Europe. Germany was in the spotlight due to its political issues, which sent the euro down during the week, though the currency recovered by the weekend.

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