EUR/GBP (euro/British pound sterling) EUR/GBP (euro/British pound sterling)
EUR/GBP (euro/British pound sterling)

Lockdown restrictions and a slow EU rollout of the COVID vaccine means in 2022 it will just about break even.

01 Apr, 2021 @ 13:14 by Yahoo! Finance

Study find cash is still regarded as as a 'store of value' and a 'safe haven' even as the use of cards to make payments has risen.

31 Mar, 2021 @ 11:20 by Yahoo! Finance

The fund provides grants to researchers, fact-checkers, not-for-profits and other public interest-oriented organisations working on 'disinformation research.'

Coronavirus is still a market mover, with fresh lockdowns being imposed across European nations and the problematic issue of vaccine supply very much still on officials desks.

Euro gained against the Great British Pound and the US Dollar today as German ZEW Economic Sentiment and European ZEW Economic Sentiment data were very positive, despite the prolongation of restrictions in Europe until mid-February.

16 Nov, 2020 @ 02:54 by Yahoo! Finance

At 3:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.2% at 92.597. EUR/USD climbed 0.1% to 1.1848, USD/JPY fell 0.1% to 104.53, while the risk sensitive AUD/USD rose 0.3% to 0.7287.

11 Oct, 2020 @ 14:07 by Yahoo! Finance

Trump once again shook the market with his Friday Tweet regarding the Stimulus bill where he wanted the deal to be completed ASAP, as a result, Gold and other commodities surged while the US Dollar Index plummeted.

By Geoffrey Smith

By Geoffrey Smith

14 Sep, 2020 @ 02:56 by Yahoo! Finance

News that AstraZeneca (NYSE:AZN) has resumed late-stage trials of its Covid-19 vaccine candidate, coupled with Pfizer (NYSE:PFE) CEO Albert Bourla saying its candidate has a “good chance” of submitting key data from late-stage trials by the end of October, has created a more positive attitude to risk, hitting the dollar. “Despite its profound fall in the past few days, we expect the pressure on GBP to continue building ... as until-recently complacent investors adjust to the new reality of a heightened no-deal Brexit risk and start/continue building GBP shorts,” ING added.

12 Sep, 2020 @ 07:19 by Yahoo! Finance

By Geoffrey Smith and Peter Nurse

10 Sep, 2020 @ 02:53 by Yahoo! Finance

At 2:50 AM ET (0650 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.2% at 93.090, with EUR/USD up 0.2% at 1.1829. The euro has pushed higher, helped by Bloomberg News reporting that ECB officials are growing more confident in the bloc's economic outlook. With this in mind, traders will be following this ECB meeting closely.

09 Sep, 2020 @ 02:58 by Yahoo! Finance

The dollar gained in early European trade Wednesday, with the sharp selloff in U.S. equity markets prompting traders to ditch riskier currencies in favor of the world's reserve currency. "The tech selloff has caught the market by surprise and it is a bit jittery as to whether there are broader implications," said Bank of Singapore currency analyst Moh Siong Sim, in a Reuters report. EUR/USD slipped 0.1% to 1.1768, continuing to retreat from the 1.20 level it briefly touched last week before European Central Bank chief economist Philip Lane’s comments that the exchange rate mattered to monetary policy.

08 Sep, 2020 @ 09:44 by Yahoo! Finance

GBP continues to drop as UK aims to close the deal by October 15, though EU doesn’t want to accept trade deals. Boris Johnson said that London is ready for trade relations with the European Union in accordance with WTO norms, if the parties fail to come to an agreement that would suit the British side.

14 Aug, 2020 @ 05:34 by Yahoo! Finance

EUR/GBP is building a range above the 21 ema zone (green box) after breaking above the resistance trend lines.

By Geoffrey Smith

06 Aug, 2020 @ 06:33 by Yahoo! Finance

By Geoffrey Smith

21 Jul, 2020 @ 10:07 by Yahoo! Finance

It has been the same old story with Brexit over the past few months, with the clock dangerously ticking to a year-end deadline for a new post-Brexit deal to replace almost 50 years of integration.

14 Jul, 2020 @ 03:03 by Yahoo! Finance

The dollar has strengthened in early European trade Monday, with investors seeking out this safe haven after the Covid-19 outbreak forced the biggest reversal of U.S. economic reopening to date and the U.S. and China squared off over territorial disputes in the South China Sea. The number of Covid-19 cases globally has now passed the 13 million mark, according to Johns Hopkins University data, jumping by one million cases over the last five days. This has resulted in demand for the dollar as hopes of a quick economic recovery fall, with some countries, including the U.S., re-imposing lockdown measures to curb the spread of the virus.

Elsewhere, the USD/CNY pair slid 0.2% to 6.9878. The yuan was boosted by better-than expected inflation data for June, with producer prices falling 3% year-on-year. The drop in the PPI was smaller compared with the previous month’s drop of 3.7% and the 3.2% drop analysts had generally forecast. However, the pair is being supported most by the rally in Chinese stocks, which continued for an eighth straight day on Thursday.

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