EURGBP rebounds today adding 0.35% at 0.9143 as the euro was under pressure after disappointing macro data from EU. Yesterday,...
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 to GBP exchange rate has pared some of its gains from yesterday’s trading. As of this writing, EURGBP...
The EURGBP pair rose slightly as the market tried to digest latest information from Europe. In Europe, data from several countries suggest that the number of new Coronavirus infections and deaths are rising. As a result, countries like Belgium, Spain, and Italy have talked about easing the current restrictions.
The EUR to GBP (EURGBP) pair held gains after positive data from the UK and the eurozone. The market is also reacting to the testimony by Andrew Bailey, the Bank of England (BOE) governor.
The EUR to GBP exchange rate was little changed after the reports from Germany and the UK both disappointed market...
One of the currency pairs that consolidated the most recently is the EURGBP. The EUR to GBP exchange rate hovered...
EURGBP gives up 0.76% at 0.8898, making fresh 2-month lows after positive Brexit developments. On the macro front the European...
The EURGBP is up today as the latest polls show that the Conservative Party’s Lead over its nearest rivals has...
EURGBP is 0.02% higher at 0.8493 on general GBP weakness across the board and upbeat IFO figures. The Germany December...
EURGBP retreat from daily lows as the euro makes a comeback after the second reading of Eurozone GDP came in at -12.1% in line with expectations.