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Mar 30 - 05:55 AM

EUR/GBP - Threatens Three-Month High After Hot Spanish CPI

By Rob Howard  —  Mar 30 - 04:10 AM
  • EUR/GBP all-but matches 0.8484 after Spanish CPI comes in way above forecast

  • Spain's March CPI +9.8% YY vs 8.1% Reuters poll expectation nL5N2VX1LJ

  • 0.8484 was three-month high after hot NRW CPI data at 0530 GMT nAPN0IBCVJ

  • Tuesday's high was 0.8481, as euro jumped on optimism about Ukraine talks

  • See: nL2N2VW04T. Offers may emerge near 0.85 if EUR/GBP adds to gains

  • 0.8440 (Tuesday's London morning high) and 0.8400 are support levels

EURGBP Click here

Source:
Refinitiv IFR Research/Market Commentary

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