share: EUR/GBP rises to 0.8600 as UK labor market data remains weak due to tight monetary policy by the Bank of England. Bank of England policymakers came under pressure as the labor market witnessed layoffs while the pace of wage growth remained flat. The ECB is expected to keep rates …
Read More »EUR/GBP moves sideways around 0.8590 ahead of UK employment data
share: EUR/GBP is consolidating ahead of UK data. The change in employment and the ILO unemployment rate are expected to decline. Investors expect the ECB to take a dovish stance at the upcoming policy meeting. EUR/GBP is consolidating ahead of UK employment data and European Central Bank (ECB) interest rate …
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