EURGBP trading 0.05% higher at 0.8606 just above the five-month lows as investors focus turns to UK Parliament and 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.
The EURGBP is trading slightly lower this morning following the Parliament’s decision on Saturday to delay approval of the Brexit...
Brexit will be on the spotlight for one more day as we have a light European calendar which includes only...
EURGBP trading 0.40% lower at 0.8591 making fresh five-month lows on rumours that Brexit deal have been reached. EU’s Juncker...
European forex market starting today with the UK September CPI figures and UK September PPI figures due at 8:30GMT. The...
EURGBP trading 0.26% lower at 0.8722 making fresh five-month lows on renewed optimism that point to a Brexit deal. EU’s...
EURGBP trading 0.33% lower at 0.8812 making fresh three week lows on positive news that might point to a Brexit...
In our trading calendar during the European session, we have the Germany August trade balance data at 6:00GMT. France August...
EURGBP trading 0.28% higher at 0.8992 as the pair continues the rebound from 4-month lows. The Pound is under pressure...
EURGBP trading 0.20% higher at 0.8914 as the pair continues the rebound from 4-month lows. The common currency is under...