Investors focus will be today on services PMI out from Eurozone, France Germany and Eurozone Services PMI will be released...
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 higher on the UK Prime Minister’s Brexit comments at the Conservative Party conference in Manchester. The...
EURGBP trading 0.29% higher at 0.8904 as the rebound from 4-month lows continues. Pound traders will closely watch the speech...
EURGBP trading 0.35% higher at 0.8891 as it continues the rebound from 4-month lows at 0.8784. Earlier today, Bank of...
EURGBP retreat to daily lows to daily lows around 0.8856 amid EUR weakness across (EURUSD at fresh YTD lows) the...
EURGBP slumps to daily lows around 0.88 after the UK Supreme Court rules that the prorogation was ‘unlawful’; the Prime...
European trading session starts with the French Business climate due at 6:45GMT followed by the German Business Expectations, Ifo Current...
EURGBP trades 0.06% lower at 0.8823 close to 4-month lows, amid GBP strength across the board on positive Brexit developments...
EURGBP trades 0.26% lower at 0.8792 making fresh 4-month lows, amid GBP strength across the board on positive Brexit developments....
EURGBP trades 0.36% higher at 0.8881, rebounding from 3-month lows on better Germany ZEW Survey – Economic Sentiment, which came...