30.06.2020 EUR/GBP Daily Analysis
Today the EUR/GBP is trading on 0.9126 .Sterling was under pressure in early European trade today with the release of the final gross domestic product
Yayınlanma: 30 Haziran 2020 20:03
Güncellenme: 15 Kasım 2024 09:39
30.06.2020 EUR/GBP Daily Analysis
EUR/GBP 0.9126, -0.0010,-0.11%
Today the EUR/GBP is trading on 0.9126 .Sterling was under pressure in early European trade today with the release of the final gross domestic product figure suggesting that the contraction in the first quarter was deeper than originally estimated, The U.K.’s GDP dropped 2.2% in the first quarter of 2020 due to the Covid-19 outbreak. The pound has been weighed down by a number of factors of late not least is the economic damage caused by the shutdown associated with the coronavirus and the way the government has handled the outbreak. On top of this, there is great uncertainty surrounding Britain’s trading relationship with the European Union as little progress has been made on agreeing to a trade pact.
