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July 03, 2023Currently trading at 0.8594, EUR/GBP remains range-bound between 0.858 and 0.8605.
Euro-Pound is currently trading at 0.8594 following the release of Manufacturing PMI data from the United Kingdom.
Meanwhile, Spain Manufacturing PMI came out at 48, while a consensus of analysts was expecting 47.7.
Elsewhere, other currency pairs are also gaining ground as EUR/JPY is up 0.28%. USD/JPY climbs 0.25% to trade around 144.62. Having closed the previous session at 183.22, GBP/JPY is up 0.25% today to currently trade at around 183.68.
Furthermore, the market is looking at Spain Unemployment Change is projected to outperform its last figure with -63,500. It previously stood at -49,300; data will be released tomorrow at 07:00 UTC. Germany Trade Balance (May) is scheduled for tomorrow at 06:00 UTC. Germany Buba President Nagel speech will be released tomorrow at 16:00 UTC.
Trading mostly sideways for 4 months. As things stand, Euro-Pound is 12.19% away from a significant high of 0.9785, first set 8 months ago.
