
- EUR/GBP remains solid after the HCOB Manufacturing PMIs released from the Eurozone and Germany.
- Traders await S&P Global/CIPS Manufacturing PMI for the United Kingdom due on Thursday.
- HCOB Eurozone Manufacturing PMI dropped to 45.1 in December from the previous reading of 45.2.
EUR/GBP extends its gains for the second successive day, trading around 0.8280 during the European session on Thursday. The EUR/GBP cross appreciates as the Pound Sterling (GBP) faces challenges due to a mild increase in the Bank of England’s (BoE) dovish bets in 2025.
The BoE Governor Andrew Bailey signaled a “gradual” approach to interest rate
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