The EURGBP largely ignored allegations from the UK Opposition Labour Party’s leader Jeremy Corbyn on a “very serious” cyberattack against...
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 trading higher at 0.8598 just above the five-month lows and in tight trading range as the unemployment data failed...
The EURGBP has fallen steeply on reports that Pro-Brexit politician and member of the EU Parliament Nigel Farage will not...
The Bank of England (BoE) held its policy rate steady at 0.75% as expected, and also left the Asset Purchase...
European trading session starts today with German factory orders 7:00GMT followed by French services and composite PMI’s due at 8:50GM...
EURGBP traders may need to get ready for some action as there will be a UK election on December 12,...
The Labour Party has agreed to support the bill, under which UK will go to new elections in early December....
EURGBP trades modestly higher today in the anticipation of the vote in the British Parliament on Early Parliamentary General Elections...
EURGBP is trading 0.3% on the day as the Brexit and elections uncertainty continues to drag the pound lower. The...
EURGBP is almost unchanged on the day as investors await outcome of the meeting between Boris Johnson and Jeremy Corbyn,...