EUR/GBP — News Archive

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Pound Doesn’t Move Far After Confusing Employment Data

The Great Britain pound traded in a narrow range today, not moving far from the opening level, as mixed employment data did not give a reason for the currency to go either up or down.

British Pound Struggles to Find Direction, Drops Against US Dollar

The British pound declined on Monday as the currency retreated from its recent highs due to the rapid gains that the US dollar achieved. The British pound traded near its last week’s opening level today after losing all of the gains accomplished on Friday, which had brought the currency to its highest level since its sudden crash on October 7.

Great Britain Pound Extends Rally

The Great Britain pound remained strong today, rising for third day in a row against the US dollar and the euro and for the fourth consecutive session versus the Swiss franc and the Japanese yen.

Pound Calm as Markets Wait for Outcome of US Elections

The Great Britain pound was flat against some of its peers while logging small gains against others during Asian trading hours. The currency’s moves were very limited as markets lay in wait for the outcome of the US presidential elections.

Pound Shows Small Gains After Release of UK Economic Data

The Great Britain pound rose a little today thanks to relatively good economic indicators released from the United Kingdom over the trading session. The gains were limited, though, as traders were reluctant to place bets ahead of the US elections.

British Pound Touches Its Highest Level in Four Weeks on Brexit Ruling

Great Britain’s pound rose on Friday to its best level in four weeks after the high court in the UK ruled that the government cannot move ahead with Britain’s exit from the European Union without a parliamentary approval.

Pound Surges After UK High Court Ruling

Great Britain’s pound advanced against the euro to touch its highest level in several weeks after a court in the UK ruled that the government needs parliamentary approval before starting the process of leaving the European Union.

Sterling Reduces Its Biggest Monthly Losses Since Brexit

The Great Britain pound recovered from early losses on Monday against the euro and the US dollar to reduce some of the declines it recorded during October.

Sterling Soft After Northern Ireland Court Decision

The Great Britain pound rose against the US dollar but fell against most other currencies today as the threat of the Brexit continued to undermine the currency’s appeal to Forex traders.

Pound Refuses to Move Far from Opening After GDP Report

The Great Britain pound continued to move largely sideways on Thursday, refusing to move far from the opening level and extending the period of consolidation that has starter a while ago. Even the positive surprise in the form of faster-than-expected economic growth did not influence the currency much.

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