EUR/GBP — News Archive

Euro Advances as Greece Concerns Considered Excessive

Tuesday, February 16th, 2010

EuroThe European single currency gained considerably versus the U.S. dollar and the Japanese yen as traders considered the lack of attractiveness for the euro too strong as Greece’s budget crisis is not so serious in terms of practical consequences for the European Union’s economy.

Pound Slides on Real Estate Data

Tuesday, February 2nd, 2010

Great Britain poundThe pound was of the few currencies which couldn’t profit from a higher risk appetite today versus the dollar and the yen as another real estate report declined attractiveness for Britain’s currency, which started the week falling versus multiple currencies.

Euro Slides on Stocks Regional Drop

Wednesday, January 27th, 2010

EuroThe European market outlook continued to grow pessimistic today as equities dropped in the region forced by raising concerns that economic stimulus will be lifted in the region, and uncertainties regarding the region’s financial stability affected the appeal for the Euroland’s single currency.

Pound Bullish Before GDP Report

Monday, January 25th, 2010

Great Britain poundThe pound rose in the beginning of this week’s trading session before a gross domestic report to be published tomorrow in the U.K., which according to forecasts will show positive figures, making the Great Britain to leave the worst recession since the Second World War.

Pound Ends Week Falling on Retail Sales

Saturday, January 23rd, 2010

Great Britain poundThe U.K. currency retreated from a previous advance versus the euro as attractiveness for the currency declined after a report showed worse than expected numbers for monthly retail sales in Britain before the end of this week’s session.

Euro Rebounds Versus Dollar After Obama’s Speech

Friday, January 22nd, 2010

EuroAfter touching the lowest level in 2010 yesterday versus the U.S., the euro advanced on speculations that a White House proposal will shun investors from North America, allowing the euro to gain versus the greenback in foreign-exchange markets this Friday.

Pound Advances Further Versus Euro on Inflation

Wednesday, January 20th, 2010

Great Britain poundThe British currency had a favorable performance today versus multiple key-currencies today, beating the euro and the Swiss franc as the country starts to show more evident signs of recovery, attracting investors back to the U.K.

Euro Slides After German Sentiment Report

Tuesday, January 19th, 2010

EuroThe euro tumbled today versus most of the key-currencies in Europe after Germany published an important economic confidence report with worse-than-expected data, declining attractiveness for the single currency as some of its member countries struggle with a growing budget deficit.

Pound Climbs on House Prices, Optimism

Monday, January 18th, 2010

Great Britain poundThe U.K. currency profited today from an increase in the nation’s house prices, fueling even further speculations that the recession might be ending in Britain, attracting investors to purchase pound-priced assets in a day of bullish equities markets in London.

Greece’s Budget Deficit Affects Euro Performance

Thursday, January 14th, 2010

EuroThe euro declined today versus most of the 16 main trade currencies as some of its member countries, specially Greece, are having a hard time to adjust its national accounts, decreasing confidence among investors to inject capital in the region.


Searching for a proper Forex broker? See the list of recommended Forex brokers. Don't show me this offer ×