The EUR to GBP managed to break above the 0.84 mark amid general GBP weakness. Hard rhetoric ahead of the...
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.
Thanks to the better-than-expected German IFO Business Climate Report, the euro was able to extend its gains against the pound...
The EUR to GBP trades higher today getting a boost from better IFO business survey from Germany. The Germany IFO...
EURGBP pair early losses and return close to the unchanged level, as the common currency today attracting some bids helped...
EURGBP resumed the downtrend after a short break yesterday. The pair is under selling pressure after a big miss in...
EURGBP rebounds from two-month lows as the pressure to euro ease today. Robust economic data from the UK economy helped...
EURGBP trades higher today after four consecutive sessions of losses. Strong economic data from the UK boosted British pound. Today,...
EURGBP pressures continue amid general euro weakness. Weak economic data out of Germany and renewed recession fears push the common...
EURGBP continues lower for the third consecutive trading session amid GBP strength across the board. Bank of England Governor Mark...
EURGBP is 0.15% lower at 0.8434 after stronger GDP data out of the UK. The UK December monthly GDP came...