EUR/GBP — News Archive

Euro Ends Week with Losses, Next Week Promises Volatility

The past trading week was dominated by the debt problems of Greece and attempts to find a solution that would be acceptable both for the indebted country and for its creditors. Yet no agreement has been reached, and with the June 30 deadline looming close, traders preferred to get rid of the euro, leading to a weekly drop of the currency.

Euro Ends Friday Lower as Greece Rejects Proposal

The euro ended Friday lower as the short-term proposal to Greece from its international creditors was rejected, leaving just a few days to find a solution to the Greek debt woes before the troubled country runs out of money.

UK Pound Mostly Rangebound Today

UK pound is mostly rangebound today, thanks to a lack of new data. Additionally, a recent speech from David Cameron has many speculating about the United Kingdom’s relationship to the European Union.

No Bailout for Greece Yet — Euro Vulnerable

With no bailout for Greece yet, the euro moved a bit lower against the Great Britain pound and the Japanese yen, though it was little changed against the US dollar. Hope remains, but deadline is almost at the door.

Pound Gains on Dollar Ahead of US GDP Report

The Great Britain pound gained on the US dollar and was little changed against the euro today. Moves were limited as traders waited for data from the United States and the resolution of the Greek situation.

UK Pound Trades Mixed Against Other Major Currencies

UK pound is trading mixed today as the focus shifts away from the sterling and attention is given to other currencies and their situations.

Euro Higher Even as Grexit Talk Swirls

Euro is mostly higher today against its major counterparts, even after increased speculation that Greece will need to exit the eurozone. Euro is getting help from weakness in other currencies, particularly the dollar.

Euro Struggles as Greece Impasse Continues

Financial markets are finally showing concern over the negotiations between Greece and its creditors and the euro is struggling today. Concerns that an agreement really won’t be reached, and that Greece will default, are on the rise.

Euro Higher But Struggling on Greek Drama

Euro is mostly higher today, but it is also struggling a little bit. The difficulties with Greece are once again influencing the 19-nation currency, and gains have been hard-won and uncertain today.

Even Trade Data Can’t Help UK Pound

UK pound is still struggling, even after the release of positive trade data. Concerns about a possible exit from the European Union are causing concern for the sterling.

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