The EUR to GBP continues lower for the fourth consecutive day as the pair corrects from seven-month highs. The British pound is under selling pressure
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 was little changed after the reports from Germany and the UK both disappointed market...
The EUR to GBP pair dropped by more than 100 basis points after disappointing survey report from Germany. Data from...
The EUR to GBP exchange rate has pared some of its gains from yesterday’s trading. As of this writing, EURGBP...
The EUR to GBP pair stalled as Europe became the epicentre of Coronavirus. According to official data, six European countries...
The EUR to GBP retreat today from seven-month highs after the Bank of England’s Monetary Policy Committee at a special...
The EUR to GBP jumped to seven-month highs as investors dump the British pound after Bank of England Governor Andrew...
The EUR to GBP exchange rate has been on a strong bullish rally for the past few days. Can it...
The EUR to GBP jumped to six-month highs after an early dip to 0.8978 as investors worry that the UK...
EURGBP continues to trade higher today as the pound’s weakness following the BOE’s rate cut lingers. The currency pair is up 33 pips from its opening price at 0.8811. However, can it extend its gains with the ECB also expected to ease monetary policy later today?