The EUR to GBP jumped higher after the Bank of England in an unexpected move, cut the Bank Rate by...
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.
Compared to the majors, volatility on the EUR to GBP exchange rate was limited yesterday. However, that could soon change...
Next week is going to be a relatively lighter one compared to this past week. However, it does not mean...
The EUR to GBP continues higher for the second day in a row supported by better economic data from euroland...
The EUR to GBP exchange rate fell the most in yesterday’s trading since February 13 as the BOE hinted that...
The EUR to GBP turned lower after another rejection at the 200-day moving average. The European Monetary Union Retail Sales...
The EUR to GBP retreat today after the stronger United Kingdom Construction PMI showing that the construction sector activity in...
The EUR to GBP rallies to fresh four month highs on positive manufacturing PMI’S from the European Monetary Union and...
GBP Weakness Driven by Hard-Brexit Concerns British pound weakness yesterday allowed the EUR to GBP exchange rate to rally to...
The EUR to GBP breaks above the 0.85 mark after a series of positive data out of the European Monetary...