EUR/GBP Retreats as Euro Fails to Extend Gains Ahead of UK Inflation Data
EUR/GBP is trading near 0.8550 on Tuesday, giving back earlier advances as the Euro struggles to maintain momentum against the Pound Sterling. The decline comes…
Posts Tagged: Pound Sterling
EUR/GBP Holds Near 0.8540 as UK Growth Meets Forecasts and Eurozone Data Looms
EUR/GBP is trading sideways around 0.8540 on Thursday, with the Euro stabilizing after three consecutive sessions of losses. Meanwhile, the Pound Sterling has received modest…
Pound Sterling Climbs Against US Dollar as Softer US Producer Inflation Pressures Greenback
The Pound Sterling strengthened sharply against the US Dollar on Wednesday, with GBP/USD advancing around 0.60% to trade near 1.3460 after rebounding from an intraday…
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…
GBP/USD Slips as Stronger Dollar, Rising Energy Prices, and Weak UK PMIs Pressure Pound
The Pound Sterling weakened on Tuesday, falling around 0.16% against the US Dollar, with GBP/USD trading near 1.3400 after touching a daily high of 1.3445….
EUR/GBP Recovers as ECB Hawkish Outlook Offsets Safe-Haven Pressure on Euro
EUR/GBP trimmed earlier losses and hovered near 0.8670 during the Asian session on Monday after opening with a bearish gap. The Euro initially came under…
EUR/GBP Holds Firm Near 0.8710 as Eurozone Inflation Beats Expectations
The EUR/GBP cross remains supported around 0.8710 in early European trading on Wednesday, with the Euro gaining modest ground against the Pound Sterling after stronger-than-expected…
EUR/GBP Firms Modestly as Political Uncertainty Weighs on Pound Sterling
EUR/GBP edges higher on Tuesday, trading near 0.8715 at the time of writing and gaining around 0.15% on the day. The cross is drawing mild…