EURGBP was higher by 0.42% as Britain is set for another lockdown. Concerns over rising cases in the country has led to calls for a two-week lockdown with Prime Minister Johnson set to disclose details in a t.v. address this evening. Among the restrictions set to be announced will be […]
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.
Live EURGBP Chart
EURGBP was higher for a third day as the Pound continues to be weighed down by a collection of gloomy outlooks.
The EURGBP has moved back into a recent range after the panic move higher lost some steam. Despite this, the pair still trades 150 pips above the .9000 level.
EURGBP turned higher after the announcement of the Bank of England decision and statement. The Bank of England kept the interest rates unchanged at 0.10%
EURGBP hovers around the 0.90 pivotal level looking for direction.
EURGBP slide for the second straight day as the recent rally in the pair stalled below the 0.93 mark, despite upbeat figures from the ZEW Survey.
The EURGBP pair spiked higher last week after the threat of a No-Deal Brexit came back to the fore as U.K. PM Boris Johnson threatened to walk away.
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The EUR to GBP (EURGBP) is between a rock and a hard place. The pair extended its rally in overnight trading, reaching a March 25 high of 0.9270. It has risen in the past five consecutive days. The EURGBP is rising because of the overall strength of the euro after...
In my last EURGBP article, EURGBP Finds Support and Looks to Mount Another Rally, I didn’t expect to see the gains to be so swift. The pair rallied hard through the 0.9000 level to test 0.9100 and we now await the ECB interest rate decision and press conference this afternoon. […]
GBP lower as U.K. plays a wild card by breaking international low on Brexit treaty.