EURGBP trades flat at 0.8863, close to 3-month lows after PM Boris Johnson reiterated after the meeting with Junker that...
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 gives up 0.76% at 0.8898, making fresh 2-month lows after positive Brexit developments. On the macro front the European...
The British Pound has made good gains vs. the Euro (EURGBP) in the last few weeks as it looks like...
EURGBP gives up 0.28% at 0.8972, close to monthly lows as the pair trades below the ascending channel that drove...
EURGBP traders await the France July industrial and manufacturing production data due at 6:45 GMT, from Italy July industrial production...
EURGBP gives up 0.45% at 0.8963, making fresh monthly lows as the pair trades below the ascending channel that drove...
All eyes will be on Brexit developments for one more day, EURGBP traders await the services PMI, here is the...
EURGBP adds 0.43% at 0.9071 recovering from early losses down to 0.9025, and managed to break above the 50 day...
EURGBP gives up 0.08% at 0.9068 testing the 50-day moving average support at 0.9060 making an attempt to enter inside...
EURGBP traders will watch the Germany July retail sales data at 6:00GMT. The UK August Nationwide house prices data is...