EURGBP was higher after the UK and the European Union decided to continue trade talks beyond Sunday’s deadline. There was a potential of a No Deal Brexit occurring this weekend, but many traders have seen these deadlines come and go before...
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 pair is little changed today as the market digests the latest UK inflation data from the UK. The...
EU President and German Chancellor Angela Merkel warned that the UK and EU may not come to an agreement but EURGBP seemed to have shrugged off her concerns.
EURGBP sold off sharply in yesterday’s trading as market participants square their positions ahead of the German GDP report due tomorrow.
The EUR/GBP has recovered some of the ground it lost earlier in the week after it posted a gain of...
EURGBP gives up 0.45% at 0.8963, making fresh monthly lows as the pair trades below the ascending channel that drove...
We are now on the last few trading days for the year. Although volumes are low, it does not necessarily...
The EURGBP was trading lower on Wednesday as sterling gains on hopes of a Brexit deal. An agreement is still...
EURGBP was lower on Tuesday as the market absorbed weaker German inflation numbers and a buoyant U.K. housing market with a 13-yr high in mortgages.
EURGBP trading 0.26% lower at 0.8722 making fresh five-month lows on renewed optimism that point to a Brexit deal. EU’s...