Slightly weaker but mostly flat: EUR/GBP is currently trading at 0.8584 as it maintains an active range between 0.858 and 0.8617.
United Kingdom Average Earnings Index +Bonus released earlier showed a marked improvement to 6.1 from the preceding data of six, but fell short of the 6.2 figure forecast by a consensus of market analysts.
Meanwhile, Germany ZEW Economic Sentiment Index released yesterday at 10:00 UTC with a figure of -23.3, while the previous figure was -36.7. United Kingdom Claimant Count Change (Nov) came out at 30,500, while a consensus of analysts was expecting 3,500.
In the meantime, negative performances are also seen in other pairs as USD/CHF drops 0.51% to trade around 0.9236. USD/JPY closed at 134.88 (down 0.43%).
Positive performances can be seen by looking at other currencies as having closed the previous session at 1.9137, GBP/NZD is up 0.5% today to currently trade at around 1.9233.
Furthermore, Euro Zone Deposit Facility Rate (Dec) is expected tomorrow at 13:15 UTC. Euro Zone Interest Rate is expected tomorrow at 13:15 UTC. United Kingdom BoE Interest Rate Decision (Dec) will be released tomorrow at 12:00 UTC.
Trading mostly sideways for a month. As things stand, Euro-Pound is 12.17% away from a significant high of 0.9785, first set 2 months ago.