EUR/GBP rebounds back above 0.8350 after printing fresh multi-year lows By Frank_Macro EURGBP BOE ECB
ast week at 0.8333, EUR/GBP has since rebounded back to the north of the 0.8350 level. As things stand, the pair is now back to trading flat on the day in the 0.8350s, with the bears likely to eye any retest of last week’s highs in the 0.8370 area as an opportunity to reload on short positions.
But sterling’s recent strength against the euro also likely reflects growing expectations of central bank divergence between the ECB and. The UK government’s decision not to lockdown has kept the prospect of a second post-pandemic BoE rate hike in February alive. By contrast, the main debate at the ECB is currently about the appropriateness of its inflation forecast.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
EUR/GBP hangs near two-year low, around 0.8335 post-Eurozone Sentix Investor ConfidenceEUR/GBP hangs near two-year low, around 0.8335 post-Eurozone Sentix Investor Confidence By HareshMenghani EURGBP Coronavirus BOE ECB Currencies
Lire la suite »
EUR/USD looks offered, visits daily lows near 1.1320Sellers appear to have returned to the single currency and now drag EUR/USD back to the 1.1320 region, or daily lows, on Monday. EUR/USD weaker on dol
Lire la suite »
British Pound Forecast: GBP/USD Rally Running Into ResistanceAccording to one Cabinet Minister, Michael Gove, the UK is preparing plans to live with covid but needs to balance this off against protecting the National Health Service. Get your market update from nickcawley1 here:
Lire la suite »
EUR/USD: Bears eye 1.1300 as USD rebounds amid inflation fearsEUR/USD remains on the back foot around 1.1340-35 as traders pare the biggest daily jump in a month during early Monday morning in Europe. The major c
Lire la suite »
Euro Forecast: EUR/USD Rebound Vulnerable to Rising US InflationThe US Dollar Index (DXY) may reestablish an upward trend following the Federal Reserve interest rate decision as it appears to be trading within a bull flag formation. Get your weekly $EUR forecast from DavidJSong here:
Lire la suite »
These Two “Three’s Company” Stars Didn’t Speak for 30 Years — Best LifeJoyce DeWitt and Suzanne Somers didn't speak for 30 years afters Somers left 'Three's Company.' Here's what happened and why they made up.
Lire la suite »