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EUR up against GBP on expectations ECB will unveil an action plan against debt crisis in the Euro zone
Euro is gaining strength as investors are positive about the upcoming ECB meeting on Thursday. It’s expected the ECB to come up with a plan to solve the debt crisis in the region. ...
EUR up against GBP; Investors are awaiting the release of the Money Supply index which may affect the single currency; No major economic activity from the UK is expected today
Despite the Euro is weakening at the moment, it is gaining against sterling. The reason is that no major economic announcements are expected from the UK today. ...
EUR up against GBP on higher-than-expected economic data released today
It’s an important day for the single currency as several major economic indexes were released, such as: German and French Flash Manufacturing and Services PMIs. These are all leading indicators of economic health as businesses react quickly to market conditions and their managers hold the most current and relevant insight into the company’s view of the economy. ...
EUR up against GBP on hopes euro zone officials could come up with a plan for action to help troubled economies
Euro is up against major counterparts on high expectations that the policymakers would come up with a plan to support the indebted euro zone countries. However, doubts that officials may not be able to come into agreement remain. ...
GBP high as UK Unemployment Rate is at its lowest rate in a year
Today the Consumer Price Index will be released and will have a positive effect on the Euro if it’s higher-than-expected. At the moment, however, sterling is upgrading as unemployment in the UK is at its lowest rate in a year. ...