The EUR to GBP exchange rate crawled higher on Friday with an 11-pip gain as profit-taking ensued ahead of this...
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.
EURGBP little unchanged after the ECB left interest rates unchanged as expected. The central bank will continue to purchase 20...
With eight days to the January 30 Bank of England rate meeting, the rate markets are anticipating the central bank...
Positive Data from the UK Pushed EUR to GBP Lower EUR to GBP fell in yesterday’s trading following the positive...
EURGBP was under selling pressure and hit the daily low after mildly strong UK Employment Data. The U.K. employment increased...
UK Retail Sales Post Second Consecutive Month of Contraction The EUR to GBP exchange rate rallied to an intraday high...
EURGBP gives up the gains that registered post the weaker UK retail sales data and returned back to the unchanged...
EURGBP rose in yesterday’s trading following the disappointing inflation report from the UK. The currency pair rose to an intraday...
EURGBP jumps to daily high after the United Kingdom Consumer Price Index came in at 1.3% below consensus of 1.5%...
EURGBP trades higher for the fourth consecutive trading session as investors increase bets for a rate cut by the Bank...