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Euro Pound (EUR/GBP) Exchange Rate Fluctuates as European Covid Cases Stabilise | Euro Exchange Rate News

Euro Pound (EUR/GBP) Exchange Rate Fluctuates as European Covid Cases Stabilise | Euro Exchange Rate News
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Euro Pound (EUR/GBP) Exchange Rate Trades Sideways Today as UK Reopening Optimism Limited by Coronavirus News | Euro Exchange Rate News

Euro Pound (EUR/GBP) Exchange Rate Trades Sideways Today as UK Reopening Optimism Limited by Coronavirus News | Euro Exchange Rate News
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Euro Pound (EUR/GBP) Exchange Rate Dips on Uncertain Outlook for Eurozone Economy | Euro Exchange Rate News

Euro Pound (EUR/GBP) Exchange Rate Dips on Uncertain Outlook for Eurozone Economy | Euro Exchange Rate News
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Euro Pound Weakens on Strengthening US Dollar | Euro Exchange Rate News

The Euro Pound (EUR/GBP) exchange rate has weakened this morning as a strengthening US Dollar limits the appeal of the single currency this morning.
At the time of writing the EUR/GBP pairing are trading around the £0.8593 as EUR is able to limit any major losses on the back of recent PMI data from the Eurozone.
Euro (EUR) Weakens Despite Positive Services PMI
The Euro has found itself weakening against many of its rivals this morning as a strengthening US Dollar causes EUR to suffer.
However, limiting any losses for the Euro this morning is the latest PMI data from the Eurozone, the most recent services PMI has shown the strongest growth since 2018. ....

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Euro Pound (EUR/GBP) Exchange Rate Dips as German Retail Sales Fall Significantly Below Forecasts | Euro Exchange Rate News

EUR/GBP Exchange Rate Falls as German Lockdowns Limit Retail Sales in April
The Euro Pound exchange rate fell by -0.2% today despite German retail sales falling more than expected in April. The pairing is currently trading around £0.86.
The Euro fell today dafter April’s lockdown restrictions in Germany limited the nation’s retail sales, which declined by 5.5% on the month following March’s 7.7% increase.
Claus Vistesen and Mel Debono, chief eurozone economist and senior European economist at Pantheon Macroeconomics, commented on the data:
‘This isn’t pretty, but it is consistent with weakness in elsewhere at the start of Q2 – mainly in France – in response to new virus restrictions. ....

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