EUR/GBP Fundamental Analysis December 28, 2012, Forecast

Analysis and Recommendations:

The EUR/GBP  is trading at 0.8207 with the euro gaining some 13pts today. The euro rose to an 8 month high against the GBP as it gained broadly on month-end demand and on ebbing concerns about euro zone peripheral debt problems. The euro rose to 82.12 pence, surpassing Wednesday’s high of 82.085 pence to mark its highest since late April.  The pound’s falls against the euro pushed its trade-weighted index to a two-month low of 83.2, Bank of England data showed. Ongoing concerns about a weak UK economy have meant sterling has tended to underperform the euro in recent weeks.

FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more up to the data analysis and information in our weekly reports.

Economic Data December 27, 2012 actual v. forecast

 

Upcoming Economic Events that affect the CHF, EUR, GBP and USD

 

Upcoming Economic Events that affect the CAD and USD

Government Bond Auction

Date Time Country

None Scheduled Until 2013