EUR/GBP shed weight on Tuesday, extending recent losses and falling a third of a percent as turbulent EU Parliamentary elections destabilize European markets.
EUR/GBP tumbles to its lowest bids in nine months as EU elections shake Euro. Sterling bidders Looking ahead to UK GDP after weak-kneed UK labor print. Flurry of ECB speeches expected throughout the week. UK labor data disappointed with an upswing in unemployment claims, and Sterling traders will be looking ahead to Wednesday’s UK Gross Domestic Product update.
Economic Indicator Gross Domestic Product The Gross Domestic Product , released by the Office for National Statistics on a monthly and quarterly basis, is a measure of the total value of all goods and services produced in the UK during a given period. The GDP is considered as the main measure of UK economic activity. The MoM reading compares economic activity in the reference month to the previous month.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/GBP slumps to 20-months low near 0.8450 on French Macron’s call for snap electionThe EUR/GBP pair declines to 20-month low near 0.8450 in Monday’s European session.
Read more »
EUR/GBP remains above 0.8500 due to lower-than-expected UK Retail SalesEUR/GBP extends its gains, trading around 0.8520 during the early European session on Friday.
Read more »
EUR/GBP finds support near 0.8550, eyes on UK Inflation dataThe EUR/GBP pair finds a temporary cushion near 0.8550 in Monday’s European session.
Read more »
Takeaways from the European parliamentary electionsResults indicate a surge of support for parties that are far to the right of the political spectrum. However, the largest political groupings in the next parliament will continue to be in the center.
Read more »
Takeaways from the European parliamentary electionsResults indicate a surge of support for parties that are far to the right of the political spectrum. However, the largest political groupings in the next parliament will continue to be in the center.
Read more »
Macron calls snap parliamentary election after crushing loss to far-right in European election pollFrance’s President Emmanuel Macron has dissolved the country’s parliament, the National Assembly, and called a snap election after an exit poll showed his Renaissance party is set to be trounced by the far-right opposition in European parliamentary elections on Sunday.
Read more »