Pound Weakens Against Euro

UK GDP growth slows to 0.4% in Q2 2026 The British Pound has weakened against the Euro following the release of UK economic data. The UK economy grew by 0.4% in Q2 2026, compared to 0.6% in Q1. The European Central Bank is expected to raise interest rates b

UK GDP growth slows to 0.4% in Q2 2026

The British Pound has weakened against the Euro following the release of UK economic data.

The UK economy grew by 0.4% in Q2 2026, compared to 0.6% in Q1.

The European Central Bank is expected to raise interest rates by 25 basis points in September, which may further impact the EUR/GBP cross.

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