EURGBP=X - EUR/GBP
| Previous Close | 0.883 |
| Open | N/A |
| Bid | 0.883 |
| Day's Range | 0.883 - 0.883 |
| 52 Week Range | 0.8497 - 0.9396 |
| Ask | 0.883 |
- FX Empire
GBPUSD May Exceed 1.31 By The End Of The Year
During September, the British pound is struggling to get out of the pit where it fell on the fear of no-deal Brexit. This decline sent GBPUSD in August and early September to levels that had not been consistently achieved since 1985. However, it also probably attracted the interest of speculators who consider the current historically low levels as an excellent opportunity to buy over-sold British currency.
- Investing.com
NewsBreak - Bank of England Holds Rates at 0.75%
Investing.com – The Bank of England left interest rates on hold on Thursday. as it awaits further clarity on Britain’s preparedness for exiting the EU.
- Investing.com
NewsBreak - Scottish High Court Rules U.K. Prorogation Unlawful
Investing.com - Three judges on the Scottish High Court ruled that U.K. Prime Minister’s Boris Johnson’s decision to suspend parliament is unlawful. An appeal is expected to be heard in the Supreme Court on Tuesday.
- Investing.com
NewsBreak: Sterling Struggles to Hold Gains after U.K. Jobs Report
Investing.com - The British pound struggled to hold gains against the U.S. dollar and the euro on Tuesday after the U.K. employment report for July showed solid wage growth and a slight decrease in the unemployment rate. Annual wage growth hit 4% for the first time since 2008 but the currency remains tied to the unfolding drama over Brexit.
- Investing.com
NewsBreak: Sterling Falls as Court Rules Parliament Suspension Legal
Investing.com - The pound tumbled in early morning trading Friday after the high court in London ruled that U.K. Prime Minister Boris Johnson’s move to suspend parliament was legal. The ruling will be appealed to the supreme court, which has already agreed to hear appeals on Sept. 17.
- FX Empire
Sterling and the New Season – The Trends Remain
UK PM Johnson is to prorogue (suspend) Parliament next week, only 9 weeks before Brexit is due. The Queen’s Speech will be on 14 October and will outline his “very exciting agenda”. It will also mean very little Parliamentary time for the opponents of a No-Deal Brexit to organize. The first salvo of a volatile new season.
- Investing.com
Top 5 Things to Know in the Market on Wednesday
Investing.com - Here are the top five things you need to know in financial markets on Wednesday, August 28:
- MarketWatch
Johnson presses Macron to reopen Brexit talks
British Prime Minister Boris Johnson exuded confidence Thursday as he pressed French President Emmanuel Macron to accept his request to reopen Brexit negotiations, meeting in Paris on the second stop of his first European tour as U.K. leader.
- Investing.com
Weekly Outlook: Aug 19 - 23
Investing.com - This week all eyes will be on the Federal Reserve as investors wait for fresh insights on how it may respond to growing fears of a recession after the Treasury yield curve inverted. The Fed will hold its annual gathering in Jackson Hole later in the week, where Chairman Jerome Powell is to deliver what will be a closely watched speech Friday. It will publish the minutes of its July meeting on Wednesday.
- FX Empire
EUR Tango Down
Global aversion to the risk continues. President Trump easing his policy on the trade war with China did not help much here. Inverted yield curve is doing its job spooking the market participants.
- Investing.com
Dollar Gains vs Franc, Yen as Mood Improves
Investing.com -- Risk sentiment returned to the foreign exchange markets early Friday in Europe, with the Swiss franc and yen retreating against the dollar, and the dollar retreating against the pound as a week of turbulent newsflow drew to a comparatively quiet close.
- FX Empire
Financial Markets Gripped Firmly by Geopolitical Risks
A burst of geopolitical risks across the globe is severely burning stock markets and fuelling risk aversion this morning.
- Investing.com
Weekly Outlook: Aug 12 - 16
Investing.com - In the coming week investors will continue to monitor trade developments and moves in the Chinese yuan amid ongoing U.S.-China trade war concerns. Economic data from around the world will also be in focus as investors try to gain insights into the health of the global economy and whether central banks will stick to an accommodative monetary policy path.
- FX Empire
Sterling Shaky Ahead of New UK Prime Minister Announcement
The British Pound is shaky this morning as anticipation mounts ahead of the announcement of the next Tory leader and Prime Minister.
- Investing.com
Top 5 Things to Know in the Market on Monday
Investing.com - Here are the top five things you need to know in financial markets on Monday, July 22:
- FX Empire
Pound Engulfed by Brexit Fears as Prices Tumble to Two Year Low
The rising threat of a no-deal Brexit has made the British Pound the worst performing G10 currency today with the GBPUSD tumbling to levels not seen in 27 months – below 1.2420.
- Investing.com
Euro Falls vs Dollar After Weak German Orders
Investing.com -- The dollar rose to a three-week high against the euro in early trading in Europe Friday, after another disappointing set of factory orders in Germany encouraged bets that the European Central Bank will ease policy aggressively at its policy meeting later this month.
- FX Empire
Draghi Brings Out the Big Gun, and Trump isn’t Happy
ECB president Mario Draghi has long been known as the king of the doves. And, as anyone trading the German DAX (GER30) or EUR crosses would attest, he directed a powerful rebuttal to the growing calls that the bank is out of ammunition to fight a future recession.
- FX Empire
Despite the Commentary, Traders Lack Concern Around this Week’s Central Bank Risk
There have been arguments that traders have now pre-positioned portfolios, and happy to drift into the menagerie of central bank speakers this week.
- Investing.com
Euro Holds Steady after EU Election Results, Pound Ticks Higher
Investing.com - The euro was holding steady on Monday after the results of European Union parliamentary elections showed that pro-EU parties held on to two-thirds of seats, limiting the gains of their euro skeptic opponents.
- Investing.com
U.S. Dollar Slips on Trade Uncertainty as Euro Rises
