Euro Steady Against Pound

EUR/GBP trades in a tight range around 0.8500s The Euro has been steady against the Pound, trading in a tight range around the mid-0.8500s. The latest Eurozone GDP figures showed 0.4% growth in the second quarter, matching expectations. The pair has been going si

EUR/GBP trades in a tight range around 0.8500s

The Euro has been steady against the Pound, trading in a tight range around the mid-0.8500s.

The latest Eurozone GDP figures showed 0.4% growth in the second quarter, matching expectations.

The pair has been going sideways for several sessions, with the Euro steadying after an earlier run of losses.

The Middle East war is keeping a hand on energy prices, affecting the inflation picture the European Central Bank is weighing.

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