EUR GBP Back Above 0.5600 Ahead of PMIs and BoE
The EUR GBP exchange rate was 0.33% higher on Wednesday as two energy firms in the UK faced bankruptcy over the recent price surge. Today will see the latest flash PMI business activity numbers...
EURGBP Surges as UK Reels from Energy Price Crisis
The EURGBP exchange rate was higher this week with the price surging back towards the 0.8600 resistance level.
The UK economy seems to get back on its feet and gets slammed by another crisis as...
EURGBP Higher with Bank of England Meeting Due
The EURGBP exchange rate was higher by 0.14% on Monday as the pound sterling looks to Thursday’s Bank of England interest rate and monetary policy meeting. The economic data is light until midweek and...
EUR GBP Higher Ahead of European Inflation Reading
The EUR GBP exchange rate was higher by 0.13% on Thursday with the latest eurozone core inflation reading ahead today. The pound had been supported by a Goldman Sachs report that saw its forecast...
EUR GBP Lower with Higher UK Inflation Reading
The EUR GBP exchange rate was lower by 0.11% on Wednesday after the latest UK inflation figures marked a sharp rise in August. The reading of 3.2% surged higher from analysts’ expectations of a...
EUR GBP Lower with Strong UK Employment Figures
The EUR GBP exchange rate was lower by 0.14% on Tuesday after the latest UK employment figures topped expectations with a record rise in payroll additions and a record for vacancies. The numbers are...
EUR GBP Flat Ahead of UK Employment Figures
The EUR GBP exchange rate was flat on Monday, but the euro recovered earlier losses with the pair moving as low as 0.8505 before closing nearer 0.8535. Today sees the latest UK employment figures...
EUR GBP Lower for a Fourth Week as Sterling Recovers
The EUR GBP exchange rate was lower for a fourth week as the pound sterling recovered from a recent failure at the yearly lows. A recovery rally in the euro faded and the pound...
EUR GBP Slumps After ECB Stimulus Comments
The EURGBP exchange rate was 0.45% lower on Thursday after the European Central Bank interest rate decision. The bank kept interest rates at zero but said they would start to purchase less bonds as...
EUR GBP Higher Despite German Economic Data
The EUR GBP exchange rate was higher into Thursday despite weaker data from the German economy. Retail sales came in well below expectations, hinting at slower consumer activity in the third quarter. Manufacturing was...