Slightly weaker but mostly flat: EUR/GBP is currently trading at 0.8638 as it maintains an active range between 0.8619 and 0.8661.
Euro-Pound is currently trading at 0.8638 following the release of Consumer Price Index data from the Euro Zone.
On the flip side, Unemployment Change in Germany fell short of market expectations (13,000) with a reading of 17,000, continuing the decline from the previous figure of 9,000.
Meanwhile, Euro Zone Consumer Price Index came out at 10%, while a consensus of analysts was expecting 10.4%. Germany 10-Year Bund Auction released today at 10:30 UTC with a figure of 1.95, while the previous figure was 2.25.
In the meantime, negative performances are also seen in other pairs as USD/SGD closed at 1.3686 (down 0.43%). GBP/NZD is down to 1.9164, losing 118 pips, after closing at 1.9283 in the preceding trading session. EUR/NZD falls 0.62% to trade around 1.6553.
Furthermore, Germany Retail Sales expected to decline to -0.6% while its preceding data was 0.9%, data will be available tomorrow at 07:00 UTC. United Kingdom Nationwide HPI (MoM) (Nov) is expected tomorrow at 07:00 UTC. United Kingdom Nationwide HPI (YoY) (Nov) will be released tomorrow at 07:00 UTC.
Having set a peak of 0.9785 around a month ago, Euro-Pound is now trading 11.71% below this level.