EUR/GBP News

0.8546
0.0009
(0.11%)
07:20:25 (GMT)
 0.8544
 0.8547
 0.8537
 0.8551
 0.8529
Yen weaker in early trading in Asia
Yen weaker in early trading in Asia
Its still very early days yet as we begin yet another week in trading. The most important event in the upcoming week would be the Jackson Hole Symposium where the meeting of...
UK Unemployment Falls in Second Quarter, Pound Rebounds on Major Currencies
UK Unemployment Falls in Second Quarter, Pound Rebounds on Major Currencies
Official figures in the UK have shown that between April and June this year, unemployment declined by 52,000, leaving the employment...
UK Inflation Rises to 0.6%, Pound Moves up on Dollar
UK Inflation Rises to 0.6%, Pound Moves up on Dollar
The UK’s Office for National Statistics (ONS) has announced that inflation in the UK rose in July up to 0.6%, a slender 0.1% increase from the figure for...
Currency Traders Reviewing Interest Rate Changes Across The Globe
Currency Traders Reviewing Interest Rate Changes Across The Globe
This morning’s big event was the Reserve Bank of New Zealand’s rate action. The RBNZ lowered its prime lending rate by 25bps as expected. The...
German Trade Balance Swells to 24.9 Billion Euros in June
German Trade Balance Swells to 24.9 Billion Euros in June
Official figures have revealed that Germany’s trade balance in June increased to 24.9 billion euros, after exports rose by 1.2% outstripping the volume...
Pound Stays Down After Interest Rate Decision
Pound Stays Down After Interest Rate Decision
The pound has continued to stay low against the US dollar following last week’s decision by the Bank of England to cut interest rates by 25 basis points to 0.25%,...
Bank of England Cuts Rates to 0.25% & Increases Stimulus Program
Bank of England Cuts Rates to 0.25% & Increases Stimulus Program
The Bank of England has decided to cut interest rates by 25 basis points down to 0.25%, the lowest in UK history, in response to a raft of...
UK Services Activity Weakens in July, Pound Rises Ahead of Rate Decision
UK Services Activity Weakens in July, Pound Rises Ahead of Rate Decision
The UK economy has suffered more negative data in the state of the economy post ‘Brexit‘, as the latest Markit/Chartered Institute of...
UK Construction in Fastest Drop in Seven Years, Pound Increases
UK Construction in Fastest Drop in Seven Years, Pound Increases
The latest Markit/Chartered Institute for Procurement and Supply construction PMI, has revealed that July saw the steepest fall in output in the...
UK Manufacturing PMI Lowest Since 2013, Pound Falls in Reaction
UK Manufacturing PMI Lowest Since 2013, Pound Falls in Reaction
The latest Markit/CIPS manufacturing purchasing manger’s index (PMI) for the UK in July revealed that the index score was 48.2, significantly down...
UK Economy Grows by 0.6%, Pound Falls in Reaction
UK Economy Grows by 0.6%, Pound Falls in Reaction
 
UK gross domestic product (GDP) rose by 0.6% in between April and June, a week after the decision to leave the European Union (EU), the figure is above what...
Pound Slides Further ahead of Central Banks Meetings and GDP Data
Pound Slides Further ahead of Central Banks Meetings and GDP Data
 
The pound has continued to depreciate against the US dollar, falling down to a nadir of GBP/USD $1.307 as trading began this morning GMT,...
Pound Sentiment Remains Bearish
Pound Sentiment Remains Bearish
 
The UK pound has continued to show weakness as trading began this morning, as the GBP/USD rate is down to $1.3131, a slide down from $1.325 last week, as the IHS Markit report...
Pound Slips Back After Stabilising
Pound Slips Back After Stabilising
The UK pound has started the week sliding down against the US dollar, after sterling spent most of last week solidifying itself after ‘Brexit‘, as the appointment of Theresa...
3 Top Things that Happened Last Week You Should Know about
3 Top Things that Happened Last Week You Should Know about
Abenomics Continues as Abe win Elections in Japan Following a landslide election over the week-end, Japanese Prime Minister Shinzo Abe ordered up more...
BoE Passes on Rate Cut; Promises Package of Stimulus Measures in August
BoE Passes on Rate Cut; Promises Package of Stimulus Measures in August
The GBP/USD spiked to a two-week high on Thursday after the Bank of England kept its benchmark interest rate unchanged. Traders were...
UK Hold Interest Rates at 0.5% in Surprise Move
UK Hold Interest Rates at 0.5% in Surprise Move
 
The Bank of England has held interest rates at 0.5%, defying the speculation that rates would be cut by 25 basis points, the decision to keep rates stable was...
Stimulus Prospects Ease Economic Uncertainty
Stimulus Prospects Ease Economic Uncertainty
Traders positive sentiment returns on Tuesday after Japan's election results showed Prime Minister Shinzo Abe's Democratic Party,  emerged victorious from...
Pound Gains above 1.30, Further Devaluation Forecast
Pound Gains above 1.30, Further Devaluation Forecast
The UK’s Office of National Statistics have revealed that industrial output in the UK has fallen month on month by 0.5% in May, but this was less than what...
Fear Dominates Forex Markets
Fear Dominates Forex Markets
 
The safe-haven yen rallied against its main crosses, the euro and dollar while sterling fell to its lowest in more than 30 years, as currency markets fretted about more signs of...
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