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Versus the euro EURGBP=D3, the British currency was a touch weaker at 92.725 pence. Inflation data for July due shortly is expected to show a mild slowdown with expectations of a 1.9% year-on-year ...
That said, the currency pair seems overdue for a retracement lower and spot EURGBP selling pressure could be sparked by Wednesday's high-impact economic data due for release out of the UK and EU.
“With appetite for the pound diminishing by the day as Brexit uncertainty and recession fears haunt investor attraction, the EURGBP is positioned to push higher. Prices have the potential to ...
With appetite for the Pound diminishing by the day as Brexit uncertainty and recession fears haunt investor attraction, the EURGBP is positioned to push higher. Prices have the potential to test 0 ...
He raised the probability of a no-deal Brexit to 25 percent from 20 percent. The bank said sterling EURGBP=D3 could fall to 95 pence per euro this quarter and that the British economy would feel ...