By Rob Howard — Dec 16 - 09:55 AM
EUR/GBP hits 0.8286 after extending south from 0.8324 (early Europe high)
0.8324 was 2.5 pips shy of Asian session peak (highest level since Nov 29)
Drop to 0.8286 influenced by UK services PMI beat; 51.4 vs 51.0 forecast
EUR/GBP rose half-a-penny Friday, courtesy of another negative UK GDP print
UK OBR forecasts due March 26. BoE rate hold expected Thursday, by 8-1 vote
Macron has a new PM, but the same old problems. Scholz seeks snap election
Source:
London Stock Exchange Group | Thomson Reuters