The EUR/GBP exchange rate moved sideways this week after a series of mixed economic data from the UK and the...
EURGBP
In this section, you will find important EURGBP news, actionable trading ideas, and a live EURGBP chart to help you better understand the forex pair.
EURGBP is a Forex pair that shows how many Pounds it costs to buy one Euro. The Euro is the so-called base currency, while the Pound is the quote currency in this pair. The EURGBP is one of the most popular trading pairs in European FX markets, the pair is therefore considered to be one of the “Majors Pairs.” The Euro – Sterling started trading when the euro created on January 1, 1999.
The price of the EURGBP depends on the supply and demand of the Euro and the Pound Sterling. The factors that affect supply and demand are the relative interest rates, the GDP growth, inflation, unemployment rates, balance of payments, and other macroeconomic figures.
The Bank of England (BoE) and the European Central Bank (ECB) are the two institutions that EURGBP traders follow to get an idea about the future moves of the pair. Traders also watch Germany and France, the two biggest economies in Europe that affect the price of the euro.
The EUR/GBP price moved sideways as investors reacted to the latest UK economic data and Jeremy Hunt’s autumn statement. It...
The EUR/GBP price had a volatile performance in September. The pair managed to move from a low of 0.8567 to...
The EUR/GBP exchange rate surged to the highest level since October 2020 as the pound sterling crash accelerated. It rose...
The EUR/GBP price continued its bullish trend on Friday as investors focused on the latest decision by the Bank of...
The recent selling onslaught on the British Pound and expectations of a rate hike by the European Central Bank following...
The EUR/GBP pair is down marginally this Tuesday, sending the pair lower for the third straight session. In a week...
The EUR/GBP pair has recovered all Wednesday’s losses and trades 0.51% higher. This comes amid soaring German food prices, and...
The EUR/GBP price remained under intense pressure on Tuesday morning. Investors shifted their focus to the upcoming interest rate decision...
The EUR to GBP pair is trading marginally lower as the Euro loses steam against the Pound for the third...