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June 26, 2023EUR/GBP goes up to 0.8583, having dipped down to 0.8577 earlier.
At the same time, following a previous reading of 88.3, Business Expectations in Germany released today at 08:00 UTC fell short of the 88 figure expected by analysts with an actual reading of 83.6. Business Climate Index in Germany fell short of market expectations (90.7) with a reading of 88.5, continuing the decline from the previous figure of 91.5. Germany Current Assessment (Jun) came out at 93.7, while a consensus of analysts was expecting 93.5.
Other currencies are showing mixed performance as USD/CHF moves 0.06% to trade around 0.8958.
Elsewhere, United Kingdom MPC Member Tenreyro speech set for tomorrow at 08:30 UTC. Euro Zone ECB President Lagarde speech scheduled to come out tomorrow at 08:00 UTC. Euro Zone ECB's Panetta speech is scheduled tomorrow at 08:30 UTC.
Trading mostly sideways for 4 months. Euro-Pound is now trading 12.34% away from its significant high of 0.9785 first tested 8 months ago.
