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June 03, 2023A quick look at yesterday: EUR/GBP closed yesterday at 0.86 (with a daily low of 0.8577) after ending Thursday at 0.859 and gaining 0.12%.
At the same time, United Kingdom CFTC GBP speculative net positions released yesterday at 20:30 UTC with a figure of 13,200, while the previous figure was 11,600. Fresh CFTC EUR speculative net positions data from Euro Zone came out at 165,700. Data for Spain Unemployment Change released yesterday at 07:00 UTC is better than expected with -49,300, but worse than previous figure of -73,900.
Elsewhere, other currency pairs are also gaining ground as USD/JPY went up by 0.84% yesterday, and closed at 139.97.
While Euro-Pound is up today, these currencies are lagging behind: EUR/AUD drops 0.97% yesterday and closed at 1.637. After ending yesterday's session at 1.4469, EUR/CAD lost 99 pips and is trading around 1.437.
Trading mostly sideways for 3 months. Having set a peak of 0.9785 around 7 months ago, Euro-Pound is now trading 12.21% below this level.
