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Jun 03 - 08:55 AM

EUR/GBP - Dips To Intra-Day Low On Sub-2% Euro Zone Inflation

By Robert Howard  —  Jun 03 - 06:39 AM

• EUR/GBP eases to 0.8440 after cooler than expected euro zone May inflation

• 1.9% vs 2.0% forecast. 0.8440 = intra-day low. 0.8450 was Asian session high

• 0.8450 is highest level since May 21 (0.8458 was high that day)

• BoE's Bailey sticks with "careful" rate cut view as uncertainty deepens

• EU did not receive U.S. letter demanding best offer in trade talks - source

• Dutch government on brink of collapse after Wilders' PVV exits coalition

EURGBP


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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