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Jun 14 - 06:55 AM

EUR/GBP - Trades Above 0.86 For First Time Since May 12

By Rob Howard  —  Jun 14 - 05:00 AM
  • EUR/GBP reaches 0.8612 after rising from 0.8553 (post-UK jobs data low)

  • 0.8612 is highest level since May 12 (0.8618 was seven-month high that day)

  • EU-UK trade dispute fears are helping weigh on the pound nL1N2Y00BF

  • UK says no reason for negative EU reaction to N.Ireland law nL8N2Y11D5

  • 0.8592 (last week's high, following hawkish ECB) is now a support point

  • UK jobs market loses some of its inflation heat (BoE Thursday) nL8N2Y11L9

EURGBP Click here

Source:
Refinitiv IFR Research/Market Commentary

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