EUR GBP Flat as Traders Await German GDP

EUR GBP Flat as Traders Await German GDP

The EUR GBP exchange rate was largely unchanged on Wednesday despite another drop in the IFO business climate survey. The leading indicator was lower for a fifth month and highlights weakness ahead of the...
EUR GBP Higher Despite Pressures on European Economy

EUR GBP Higher Despite Pressures on European Economy

The EUR GBP exchange rate was 0.40% higher on Tuesday after the latest PMI data saw an improvement for the eurozone, but the bloc is still lagging the recovery of the UK, while its...
EUR GBP Higher but PMI Data will Drive the Pair

EUR GBP Higher but PMI Data will Drive the Pair

The EUR GBP exchange rate was 0.14% higher on Monday but today’s flash November PMI for the Eurozone, Germany and the UK will decide the fate of the pair. The British pound paused after...
EUR GBP Looks for Another Push to 2020 Lows

EUR GBP Looks for Another Push to 2020 Lows

The EURGBP exchange rate is starting the week under the 0.8400 level after the pound sterling strengthened on economic data last week. Europe is caught up in another virus wave which is threatening lockdown...
EUR GBP Dips as ECB Sees Inflation Peak in November

EUR GBP Bounces from Four Day Losing Streak

The EUR GBP exchange rate was 0.40% higher on Thursday as the euro erased much of the losses from Wednesday’s UK inflation report. The pound sterling has been on a four-day winning streak against...
EUR GBP Dumps to New Lows After UK Inflation Surge

EUR GBP Dumps to New Lows After UK Inflation Surge

The EUR GBP exchange rate was -0.42% lower on Wednesday after the latest inflation data from the UK. The ONS reported that yearly inflation had moved to 4.2% after analysts had expected only 3.9%....
EUR GBP Slumps on UK Employment, Growth Headwinds

EUR GBP Slumps on UK Employment, Growth Headwinds

The EUR GBP exchange rate was -0.18% lower on Tuesday after the latest economic data releases. UK unemployment dropped to 4.3% for the three months to the end of September, despite the end of...
EUR GBP Higher Despite Pressures on European Economy

EUR GBP Lower on Trade and Northern Ireland

The EUR GBP exchange rate was -0.33% lower on Monday after trade surplus figures for the eurozone were hit by energy costs. The pound sterling also got a boost as fears over an imminent...
EUR GBP Looks to Escape Recent Trading Range

EUR GBP Looks to Escape Recent Trading Range

The EURGBP exchange rate is still caught in a range between 0.8500 to 0.8700. The week ahead will bring employment data for the pound, alongside inflation. The eurozone will also have core inflation and...
EUR GBP Looks for Another Push to 2020 Lows

EUR GBP Looks to UK GDP as Article 16 Looms

The EUR GBP exchange rate was flat on Wednesday and is now waiting for Thursday’s economic data. The pound has trade balance and GDP figures released today. European Union officials are also warning of...