The EURGBP pair declined slightly as the market reacted to mixed economic data from Europe. The pair is trading at...
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.
Yesterday was the first time in five trading days that EURGBP finished with a profit. Can it extend its gains with euro zone and UK reports on tap?
After its 80-pip loss on Tuesday, EURGBP gave up more ground in yesterday’s trading as market participants anticipate a Brexit deal. Where can we expect EURGBP to go next?
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%
While EURGBP may be unchanged from its opening price today technicals suggest more downside potential ahead. Could post-Brexit plans trigger a move lower?
The Euro to GBP forecast for 2022 will be decided by central bank action and geopolitics. However, with the United...
If that is an exchange rate that did not move this summer, this was the EUR to GBP rate. It...
The EURGBP rate was 1.55% higher after further drama over the virus saw London and the rest of the U.K. move into strict lockdown. The situation worsened as European countries banned travel between Britain and a Brexit deal is still not agreed.
EURGBP was 0.25% lower on Friday as the market awaits Eurozone inflation and a statement from Boris Johnson. U.K. Prime...
The EUR to GBP exchange rate has bounced back this week as investors wait for the latest interest rate decision...