EURGBP moved higher on Wednesday after France threatened to veto any Brexit agreement if it didn't suit their terms. The move is another worry for the Brexit process...
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 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 has been trading in a range since June with the pair unable to break from a 300 pip range. Recent sterling strength has led to a test of the lower support but Brexit talks are now at a critical stage and a large move should be expected soon.
The EURGBP pair is little changed today as the market digests the latest UK inflation data from the UK. The...
The EUR to GBP (EURGBP) pair is up by more than 0.30% as traders react to the disappointing economic data...
The EURGBP pair could be an interesting one to trade this Thursday when central bankers meet via satellite on the...
EURGBP lower on the back of strong employment data - bearish break points to lower values.
One of the most traded currency pairs, the EUR to GBP exchange rate, may also be the one to move...
EURGBP remains bid while above 0.90 but bears watch closely.
EURGBP was higher on Thursday after the Bank of England boosted its quantitative easing program by £150bn. The BoE also warned that the lockdown measures introduced for the coronavirus will see the economy hit.