EUR/GBP Slips as BoE Rate Hike Bets Support Pound Despite Mixed UK Data
EUR/GBP edges lower to around 0.8725 during Wednesday’s session, down roughly 0.10% on the day, as the British Pound remains supported by expectations of tighter…
Posts Tagged: HCOB Manufacturing PMI
Euro Slips Below 1.1850 as Dollar Support Offsets Upbeat Eurozone Data
The Euro extends losses against the US Dollar on Monday, slipping into negative territory and trading near 1.1845 at the time of writing. This pullback…
EUR/USD Holds Near Two-Week Highs as Markets Weigh US Manufacturing Data
The Euro is steady against the US Dollar on Monday, with EUR/USD trading around 1.1631 after touching two-week highs earlier in the session. The pair…
EUR/GBP Advances Amid BoE Dovish Outlook and Eurozone Weakness
The EUR/GBP pair rises for the second consecutive day, trading near 0.8280 during Thursday’s European session. The cross gains ground as the Pound Sterling (GBP)…
EUR/GBP Hits 1-Year Low as Weak German PMIs Fuel ECB Rate Hike Pause
After weak German purchasing managers’ index (PMI) prints in Wednesday’s early European session, the EUR/GBP exchange rate dropped to a new annual low. Spot prices…
EUR/GBP Pauses at Weekly High Amid Eurozone Data Reassessment and UK Recession Concerns
The European Currency is struggling against the British Pound at about 0.8600 in the hours before London trade. Despite mixed statistics from the Eurozone and…
EUR/USD Plummets Below 1.0900 Amid Weak PMI Surveys and Strengthening US Dollar
Early Friday, the Euro sank below the 1.09 USD mark. Uncertainty helps the US dollar, but dismal PMI readings for Germany, France, and the Eurozone…