Forex rates uk sterling against euro
Limited economic reports for the Eurozone left the Euro locked in fairly static trading relationships with its main currency counterparts on Tuesday. The European Central Bank rate decision was largely factored into the exchange rate, the effect after the announcement was therefore muted.
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The Euro is proving remarkably resilient to further selling pressure. The Pound Sterling GBP has managed to re-capture an month high versus the Euro exchange rate EURfurther gains could be likely but markets are still hesitant to buy the Pound before UK jobs, wage and housing data due for release later this week.
ECB euro reference exchange rate: Pound sterling (GBP)
The prospect of the Bank of England raising rates well before its peers in Europe is certainly holding the Pound up against both the Euro and Dollar. Sterling forecasters are sitting on their hands before the wage and house price figures due for release later this week, any sign of a weaker housing market or lower job creation could translate to a Sterling sell off and lower rates versus the Euro, Dollar, Australian Dollar and Yen.
The Dollar USD has continued forex rates uk sterling against euro gain after last weeks U. Further exchange rate forecasts are available to read or compare euro rates today to save on currency transfer scottrade options tools Europe requirements.
Forex Rates: Pound Sterling To Euro & US Dollar Exchange Rate See Gains Today - GBP EUR Short-Term Forecasts
Samuel Allen edits the exchange rate commentary here at Exchange Rates UK. Boundary binary options brokers was born and The advice provided on this website is general advice only and does not constitute as a financial recommendation.
All data shown, such as exchange rates are indicative of interbank rate and should only technical analysis-forex trading with candlestick and pattern.pdf used as an indication of market movement.
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