EUR/GBP testing higher waters near 0.8650 after UK CPI miss

The week is still heavy on the economic calendar, with UK and EU PMI figures still in the barrel.caught a bump higher during Wednesday trading after the United Kingdom’s inflation reading came in below market expectations, sending the Pound Sterling lower and giving the Euro a leg up. figures broadly missed the mark, with August’s CPI reading coming in at just 0.3%, versus the forecast 0.7%.

On the economic calendar, The BoE will be followed up by Retail Sales and Purchasing Manager Index figures on Friday, where the EU will also see September’s preliminary PMIs.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EUR/GBP consolidates around 0.8650 after UK CPI, German PPIEUR/GBP recovers from the previous day’s losses, trading near 0.8650 during the early trading hours of the European session on Wednesday. The pair gai
Source: FXStreetNews - 🏆 14. / 72 Read more »

EUR/GBP rallying into 0.8630 as Sterling waffles ahead of BoE rate callThe EUR/GBP is grinding higher to kick off the trading week, decisively climbing over the 0.8600 handle and extending upwards as the Bank of England (
Source: FXStreetNews - 🏆 14. / 72 Read more »