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Feb 27 - 06:12 AM

EUR/GBP - Rises To Its Highest Level Since Feb 10

By Rob Howard  —  Feb 27 - 04:30 AM
  • EUR/GBP reached 0.8468 after catching a fresh bid from the European open

  • 0.8430-0.8446 was Asia range. 0.8468 is the highest level since Feb 10

  • Month-end demand and euro buy-backs mooted as factors in the rise to 0.8468

  • See: nL2N2AQ07KnL2N2AR06W. EUR above GBP on safe-haven currency ladder

  • German bond yields fall as coronavirus cases rise outside China nL5N2AR2MF

  • 0.8475 (GBP/EUR 1.18) and 0.8505 (Feb 10 high) are EUR/GBP resistance levels

EURGBP: Click here

Source:
Refinitiv IFR Research/Market Commentary

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