0.847
Today
-0.06%
5 Days
-1.11%
1 Month
-1.34%
6 Months
-2.80%
Year to Date
-2.76%
1 Year
-2.42%
Opening Price
0.848Previous Closing Price
0.848EUR/GBP trims part of its intraday decline on Wednesday but remains on the back foot for the ninth consecutive day as concerns over France’s fiscal position weigh on the Euro (EUR).
The Euro (EUR) extends losses against the British Pound (GBP) on Wednesday, on track to complete a nearly 1.6% decline in a nine-day losing streak.
EUR/GBP fluctuates between gains and losses on Tuesday, pausing a seven-day selloff driven by sharp weakness in the Euro (EUR) amid growing concerns over France’s fiscal position.
EUR/GBP extends its decline on Monday, sliding to its lowest level since mid-July as political turmoil and mounting concerns over Europe’s public finances weigh on the Euro (EUR). At the time of writing, the cross trades around 0.8478, down 0.24% on the day, after touching an intraday low of 0.8458.
Rabobank's Senior FX Strategist Jane Foley discusses EUR/GBP in light of divergent fiscal and political risks in Europe and the United Kingdom (UK).
The EUR/GBP cross attracts sellers for the seventh straight day and drops back closer to the year-to-date low, around the 0.8460-0.8455 region, at the start of a new week.
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