Wednesday , 27 November 2024
Home Forex EUR/GBP drops below 0.8350 due to less likelihood of a BoE rate cut next month
Forex

EUR/GBP drops below 0.8350 due to less likelihood of a BoE rate cut next month

EUR/GBP extends its losses for the second successive session, trading around 0.8330 during the early European hours on Wednesday.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Cable touches 1.2650 in the second day of gains. US dollar slumping again

The pound is slowly chewing through last week's losses.It's trading at a...

US October durable goods orders MoM 0.2% vs 0.5% expected

Prior month -0.7% (revised to -0.4%)Durable goods orders MoM 0.2% vs 0.5%...

US October advance wholesale inventories +0.2% vs -0.2% prior

Prior -0.2%Advance retail inventories +0.1%Prior +0.8%; revised to +0.6%Retail inventories ex-autos +0.1%Prior...

US October advance goods trade balance -$99.1 billion vs -$108.7 billion prior

Prior -$108.7 billionThe international trade deficit was lower in October as exports...