Euro is steadying against the US dollar after an earlier spike on comments made by an ECB official. Euro is moderating its gains, but it is still heading higher against its major counterparts.

UK pound is struggling right now, following earlier strength against the US dollar. UK retail sales data helped, but it hasn’t been enough for the pound to retain its gains against the greenback.

Euro is gaining a little ground today, recovering a bit from yesterday’s drop, and finding a degree of support at the psychologically important 1.30 level. However, there are still some vulnerabilities with the euro.

UK pound is struggling today, dropping as lackluster economic data continues to indicate that more stimulus is likely. This time, it’s about the unemployment numbers.

The euro climbed today, erasing yesterday’s decline versus the US dollar, as eurozone macroeconomic indicators were not that bad, while short-covering after the previous huge drop also helped to propel the currency higher.

The Great Britain pound rose against the euro today as house prices increased last month in the United Kingdom. The sterling was soft against other most-traded currencies, including the US dollar.

This week was not bad for the Great Britain pound as the currency strengthened against the US dollar and the Japanese yen. At the same time, the sterling closed weaker against the euro and the Australian dollar.

The euro dropped against the US dollar amid concerns about the debt issue in the eurozone, but managed to rebound and closed near the opening. The currency rose against the Great Britain pound and weakened versus the Japanese yen.

Euro is holding on to its gains against the US dollar and the Japanese yen right now, thanks in part to the news regarding those two currencies. However, there are still plenty of issues poised to plague the eurozone. Euro may not be on as stable footing as thought.

UK pound is moving higher against the US dollar today. The British currency is also seeing gains against the Canadian dollar. However, even though UK pound is getting a boost for now, the future of the sterling might not be so rosy.