By Rob Howard — Feb 01 - 04:41 AM
EUR/GBP hits 0.8806 after extending south from 0.8852 (Asian session high)
0.8806 is the lowest level since May (0.8814 was last week's low)
Euro losses influenced by much worse than expected German Dec retail sales
See: nL8N2K71E4. GBP supported by UK's speedy rollout of COVID-19 vaccines
Nearly 9 million people in UK have received first vaccine dose nS8N2HX047
IMM specs raise net EUR long/reduce net GBP long nL1N2K70FDnL1N2K70H3
EURGBP Click here
Source:
Refinitiv IFR Research/Market Commentary