EUR/GBP weakened earlier in the day, before moving away from its 0.8791 low and recovering back to 0.8808.
Euro-Pound is currently trading at 0.8808 following the release of Consumer Price Index data from the Euro Zone.
Meanwhile, Euro Zone Consumer Price Index released today at 09:00 UTC with a figure of 6.9%, while the previous figure was 8.5%. Germany ZEW Economic Sentiment Index came out at 4.1, while a consensus of analysts was expecting 15.3. United Kingdom Claimant Count Change (Mar) released yesterday at 06:00 UTC with a figure of 28,200, while the previous figure was -18,800.
Positive performances can be seen by looking at other currencies as having closed the previous session at 134.07, USD/JPY is up 0.38% today to currently trade at around 134.59. USD/SGD improves 0.24% to trade around 1.3358. Having closed the previous session at 1.3389, USD/CAD is up 0.38% today to currently trade at around 1.344.
Furthermore, Euro Zone ECB Publishes Account of Monetary Policy Meeting scheduled to come out tomorrow at 11:30 UTC. Projections for Germany Producer Price Index are set for a continuation of decline with -0.5% while previous data was -0.3%; data will be released tomorrow at 06:00 UTC. Euro Zone ECB's Schnabel speech is scheduled for tomorrow at 20:15 UTC.
Trading mostly sideways for 2 months. Having set a significant low of 0.7134 10 months ago, Euro-Pound is trading 23.75% higher.