EURGBP

EUR/GBP holds positive ground above 0.8650 on hotter-than-expected German CPI data

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EUR/GBP holds positive ground above 0.8650 on hotter-than-expected German CPI data

Euro/GBB strengthens approximately 0.8660 in the early European session on Monday. The French Prime Minister will retain confidence on September 8, and restore fears of stagnation. Analysts expect that the Bank of England will not reduce interest rates during the remaining period of the year. Cross EUR/GBP acquires a momentum to about 0.8660 during the … Read more

EUR/GBP climbs as weak UK data fuels BoE rate cut speculation

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EUR/GBP climbs as weak UK data fuels BoE rate cut speculation

EUR/GBP rises where economic data in the UK misses expectations. The gross domestic product in the United Kingdom, low industrial and manufacturing data, raises expectations that England may have to reduce prices more. The EUR/GBP husband connects the gains as the bullish momentum supports higher prices. The British pound (GBP) against the euro (EUR) is … Read more