EUR/GBP rises on UK stagflation scenario looming

BY admin admin

EUR/GBP gathers traction, extending its gains to three consecutive days, hitting a weekly high of 0.8713, as the economic outlook for the United Kingdom (UK) looks uncertain as stagnation talks gather momentum.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

China’s Economic Outlook Remains Dismal Despite Some Recovery in October

<p>The latest of data for October revealed fragility of China’s economic recovery. Although growth of both industrial production and retail sales beat consensus, the momentum appears weak.

Forex

Speculators Have Lost Interest in the Crypto Market

<p>Market picture Crypto is out of volatility mode, moving in a narrow range of around $1.04 trillion over the last 24 hours, with little change in the total cap. This could be another pause bef

Forex

US treasury auctions off $32B of 10 year notes at 0.700% vs 0.712% WI

Auction results&nbsp; Grade B+/A- See here for global coronavirus case data

Copyright © 2024 | WordPress Theme: Xews Lite