Slightly weaker but mostly flat: EUR/GBP is currently trading at 0.8696 as it maintains an active range between 0.8691 and 0.8707.
Meanwhile, United Kingdom BRC Retail Sales Monitor (YoY) (Oct) came out at 1.2, while a consensus of analysts was expecting 1.5. United Kingdom Mortgage Rate (GBP) (Oct) released yesterday at 10:00 UTC with a figure of 5.42, while the previous figure was 5.1. Germany Industrial Production beat analyst expectations of 0.2% and the previous reading of -1.2% with new data of 0.6%.
Though Euro-Pound has been dropping, other pairs have been performing better: EUR/AUD is up 0.13%.
At the same time, USD/CHF trades with no major change, around 0.9896. GBP/NZD trades close to 1.9409, with no major change.
Furthermore, Euro Zone Retail Sales is projected to outperform its last figure with 0.4%. It previously stood at -0.3%; data will be released today at 10:00 UTC. France Non-Farm Payrolls (QoQ) (Q3) is expected today at 07:45 UTC. United Kingdom MPC Member Haskel speech will be released tomorrow at 13:00 UTC.
Euro-Pound is now trading 11.11% away from its significant high of 0.9785 first tested 30 days ago.