EUR/GBP — News Archive

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Pound Retreats as Growth of Services Sectors Slows Beyond Expectations

The Great Britain pound fell against its rivals during today’s session after growth of Britain’s services sector slowed more than analysts had anticipated to the slowest pace since September 2016.

Euro’s Performance Isn’t Stellar Despite Supportive Fundamentals

The euro fell against the US dollar and the Great Britain pound on Thursday despite seemingly positive macroeconomic data. The euro performed better against various other currencies, including the Japanese yen.

Pound Flat as Britain’s Economic Data Mixed

The Great Britain pound was basically flat against its major peers today as reports painted a mixed picture of Britain’s economy, giving the currency no clear direction. The sterling fell for four consecutive sessions before today.

Britain’s Sterling Soft During Tuesday’s Choppy Trading

The Great Britain pound was vulnerable during Tuesday’s choppy trading, dragged down by concerns about the future of Britain after it leaves the European Union. The currency dropped against such rivals as the US dollar, the euro, and the Japanese yen.

Euro Climbs as Polls Show Lead of Macron Over Le Pen in French Elections

The euro climbed today after concerns about the outcome of the French presidential elections eased while economic data released from Europe during the trading session was decent enough to avoid hurting the currency.

Sterling Goes Down as Brexit Concerns Return

The theme of the Brexit returned to the attention of Forex traders, and that made the Great Britain pound fall against its most-traded counterparts during the Monday’s trading session.

Pound Heads to Weekly Gains Despite Falling on Friday

The Great Britain pound fell today but remained on track to weekly gains as political uncertainties in the United States and the European Union drew traders’ attention away from the Brexit.

Pound Gains on Dollar & Euro After Retail Sales Data

The Great Britain pound rose against the US dollar and the euro today thanks to improving retail sales, though analysts were not entirely optimistic.

Euro Off Session Lows as Political Fears Subside

The euro rebounded from daily lows, trimming losses against some currencies and rallying versus others, as concerns about the outcome of the French presidential elections eased. Macroeconomic data released from the eurozone today was good, adding to the strength of the shared 19-nation currency.

British Pound Struggles to Find Direction Despite Hawkish Comments from BoE Governor

The British pound today struggled to find direction as it demonstrated mixed results against its main competitors such as the US dollar, the euro, and the Japanese yen. The Bank of England Governor, Mark Carney, told the UK Parliament that a smooth Brexit process could lead to a faster rate of hiking interest rates.

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