EUR/GBP — News Archive

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Great Britain Pound Remains low Despite Release of Positive Economic data

There was minimal upward movement in the Great Britain pound despite positive economic data released today by the Office for National Statistics indicating that the UK economy was experiencing positive growth. The pound rose briefly against other currencies such as the euro and the US dollar before retracing its gains.

British Pound Drops as UK Politicians Disagree on Brexit Plans

The British pound moved lower against the US dollar and the euro on Tuesday, as Scotland’s First Minister Nicola Sturgeon and UK Prime Minister Theresa May disputed over the future of the UK in the European Union.

British Pound Declines on Growing Uncertainty Towards Brexit

The British pound opened the week on a negative note today, as thin trading volumes pushed the currency lower against its major peers. Increasing uncertainty toward Brexit caused the British pound to decline for the past two weeks against the US dollar.

Euro Loses Ground Against Major Currencies After Fed Interest Rate Hike

The euro has significantly weakened against the US dollar during today’s session following yesterday’s interest rate hike by the Fed. The euro also started the day by gaining ground against the Japanese Yen and the pound sterling as it hit major highs and lows before settling to trade at moderate price levels.

British Pound Climbs on Inflation Data That Exceeded Expectations

The British pound surged against its major peers on Tuesday, after a new report in the United Kingdom revealed that the nation’s inflation increased more than expected in November.

Great Britain Pound Attempts to Keep Upward Momentum

The Great Britain pound rose against most of its major rivals during the Monday’s trading session. The euro was an exception, rising against the sterling intraday, though giving up virtually all of its gains later.

Euro Soft During Week of ECB, Still Outperforms Pound & Yen

The euro was among the weakest currencies during the past trading week (though it still managed to outperform the Great Britain pound and the Japanese yen) after the European Central Bank surprised markets, expanding its stimulus program.

Euro Extends Decline for Another Session

The euro extended its decline for the second day during the Friday’s trading session following Thursday’s policy meeting of the European Central Bank. The currency still managed to beat the very soft Japanese yen but fell against other most-traded rivals.

Sterling Drops, Hurt by Britain’s Manufacturing Data

The Great Britain pound dropped today as the surprisingly poor manufacturing report hurt the currency’s appeal to investors, overshadowing decent housing data.

British Pound Falls as Euro Rebounds from Early Losses

The British pound retreated against the euro on Monday, after touching its highest level in 5 months versus the shared currency. The euro recovered from all of its earlier losses today, which it had recorded following a constitutional referendum in Italy.

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