
Hawkish ECB Talk Jolts EUR/GBP as Pound Loses Edge
EUR/GBP rose despite a fully priced BoE hike, as hawkish ECB comments gave euro bulls the cleaner rate story.
Jul 16, 20265 min read0 reactions0 comments
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EUR/GBP rose despite a fully priced BoE hike, as hawkish ECB comments gave euro bulls the cleaner rate story.

EUR/GBP is stuck near 0.8630 as weak UK GDP and in-line German inflation leave neither euro nor pound bulls in charge.