Currently trading at 0.8696, EUR/GBP remains range-bound between 0.8634 and 0.8732.
Euro-Pound is currently trading at 0.8696 following the release of ZEW Economic Sentiment Index data from the Germany.
Meanwhile, Germany ZEW Economic Sentiment Index came out at -59.2, while a consensus of analysts was expecting -65.7. Germany ZEW Current Conditions (Oct) released today at 09:00 UTC with a figure of -72.2, while the previous figure was -60.5. Italy Consumer Price Index came out at 0.3%, while a consensus of analysts was expecting 0.3%.
Elsewhere, other currency pairs are also gaining ground as NZD/USD jumps 1.13% to trade around 0.5678.
Meanwhile, GBP/NZD is down 310 pips from the beginning of the session and now trades around 1.992. EUR/NZD drops 1.19% to trade around 1.7321.
Also worthy of note, Euro Zone Consumer Price Index figure is projected at 10%. It previously stood at 9.1%; data will be released tomorrow at 09:00 UTC. Euro Zone Consumer Price Index is expected tomorrow at 09:00 UTC. United Kingdom PPI Input (MoM) (Sep) is expected tomorrow at 06:00 UTC.
Euro-Pound is now trading 11.51% away from its significant high of 0.9785 first tested 9 days ago.