EUR/GBP remains anchored below psychological resistance at 0.8400. Eurozone sentiment data for May and comments from ECB speakers are in focus. British Pound remains supported…
The Euro picked up from Friday’s lows, but it remains capped below 0.8400, A pause on US tariffs on EU products has provided some support…
EUR/GBP holds gains as German GDP QoQ climbed 0.4% in Q1, against the expected 0.2% increase. The Euro may struggle as President Trump pushes the…
The EUR/GBP pair retreats on Thursday, snapping a three-day rally to trade near 0.8420 during the American session. Weaker-than-expected Eurozone PMI data increases pressure on…
April’s rise in UK services inflation was mostly down to a temporary spike in air fares and package holidays caused by the timing of Easter—an…
EUR/GBP ended the day higher following UK inflation data for April surprising significantly to the topside, relative to both consensus and BoE estimate, Danske Bank’s…
EUR/GBP moves slowly as traders adopt caution ahead of PMI data release from the Eurozone and the UK. The overall business activity in the Eurozone…
EUR/GBP pares gains to around 0.8435 in Wednesday’s early European session. UK CPI inflation climbed to 3.5% YoY in April, hotter than expected. ECB’s Knot…
Euro awaits key catalysts as traders eye Tuesday’s G7 meeting, Germany’s PPI, ECB speeches, and Eurozone Consumer Confidence. EUR/GBP tests the 50 and 100-day SMA…
EUR/GBP remains supported by a stronger Euro, even amid growing expectations of further rate cuts by the ECB. ECB’s Francois Villeroy de Galhau remarked, “We…