Thursday’s international currency markets saw a number of interesting moves, one of which was the upward movement in the EURGBP pair. At first glance, this was a bit surprising, said Commerzbank’s FX
EURGBP extends its strength for the fourth consecutive day, trading near 0.8410 during Monday’s European session. The cross gains traction as the Pound Sterling continues to underperform, weighed down by concerns over
EURGBP extends its gains for the second successive session following the release of key economic data from the UK and Germany, the largest economy in the European Union and the world’s third-largest
The EURGBP pair remained fragile Thursday after the European Central Bank policy meeting which decided to cut its rate on deposit facility by 25 basis points (bps) to 3.25%. The ECB reduced
Investors are revising strategies to capitalise on the potential strengthening of the pound (GBP) in the wake of a Labour victory in the UK election on July 4 and increasing political uncertainty
The euro headed for its third successive decline against the pound sterling on Friday, with the EURGBP pair rising sharply at 0.8531, notching a 0.26% gain. Inflation data from the Eurozone, both
Euro-Sterling is holding positive ground below the mid-0.8500s during early European trading on Tuesday. The EURGBP cross is edging higher following the UK labour market and German inflation data, trading around 0.8540,
