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via fxstreet.comEconomy

Euro slips against British Pound on France's fiscal concerns, central bank signals

FROM THE WIRE · FXSTREET.COM

EUR/GBP struggles to attract buyers and edges lower on Thursday, remaining on the back foot for a tenth consecutive day as France’s political and budget concerns keep the Euro (EUR) under pressure against major currencies. Traders also assess central bank remarks from both sides…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishFrench fiscal concerns and central bank signals weigh on euro against pound for tenth consecutive day.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01EUR/GBP declines for the tenth consecutive day, remaining under pressure.
  2. 02French political and budget concerns keep euro weak against major currencies.
  3. 03Traders assess central bank remarks from both sides of the Channel.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Euro/UK Pound Sterling FX Cross RateEURGBPFX pair0.8473+0.03%today +0.04%Negative EUR/USDEURUSDFX pair1.1197+0.13%today +0.01%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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