EURGBP Forex News

Pound Slides As U.K. Inflation Hits Three-year Low

Pound Slides As U.K. Inflation Hits Three-year Low

The British pound weakened against other major currencies in the European session on Wednesday, after U.K. inflation fell below the 2 percent target and also hit the lowest in more than three years in September, piling pressure on the Bank of England to ease policy at the November meeting.
RTTNews | 6h 17min ago
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the pre-European session on Wednesday.
RTTNews | 9h 24min ago
GBP Market Update Insights on Recent Movements and Key Influences

GBP Market Update Insights on Recent Movements and Key Influences

The British pound (GBP) has seen a mild pullback in October, following a period of robust appreciation throughout the summer months. Despite the recent retreat, the pound remains resilient, having shown significant strength against major currencies such as the US dollar (USD) and the euro (EUR) over the course of the year.
ACY Securities | 10h 0min ago
Euro Weakens Ahead Of ECB Rate Decision

Euro Weakens Ahead Of ECB Rate Decision

The euro declined against its most major counterparts in the New York session on Tuesday, ahead of the European Central Bank meeting that is widely expected to deliver another interest rate cut after recent data signaled continued weakness in the euro zone economy.
RTTNews | 23h 1min ago
Pound Rises After U.K. Labor Data

Pound Rises After U.K. Labor Data

The British pound strengthened against most major currencies in the European session on Tuesday, after data showed that the nation's unemployment rate fell slightly in three months to August, while it was forecast to remain unchanged.
RTTNews | 1 day ago
Pound Rises On Upbeat U.K. Factory Data

Pound Rises On Upbeat U.K. Factory Data

The British pound weakened against other major currencies in the European session on Friday, after the release of upbeat U.K. monthly factory data and an expected GDP growth in August.
RTTNews | 5 days ago
Pound Rises Against Majors

Pound Rises Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 5 days ago
Pound Slides On Middle East Tensions, Declining Fed Rate Cut Bets

Pound Slides On Middle East Tensions, Declining Fed Rate Cut Bets

The British pound weakened against other major currencies in the European session on Monday, amid growing worries about Israel's potential retaliation against Iran for a missile attack and robust U.S. jobs data signaled economic resilience but prompted trades to pare bets on aggressive Federal Reserve interest-rate cuts.
RTTNews | 9 days ago
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Monday.
RTTNews | 9 days ago