An increase of the indicator value may contribute to the rise in quotes of EUR.
EURGBP
Euro / British pound
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News EURGBP
A decrease of the indicator value may contribute to the fall in quotes of GBP.
Experts polled by Bloomberg forecast two more interest rate cuts by the ECB this year—but warn that US tariff policy could ultimately dictate the central bank's moves. In their view, the US President's decisions may change the strategy of the European regulator.
The UK economy registered its strongest growth in nearly a year during February. This followed January's stagnant period, when figures were revised upward from an estimated 0.1% decline to zero growth. GDP expanded by 0.5%, significantly outpacing economists' 0.1% rise forecast.
Britain, whose goods were initially subject to a 10% levy, lost its advantage over other US trading partners. Additionally, Trump’s chaotic policy is to deter investment in the UK, the news agency says.
Event announcement EURGBP
The GBP publication is expected
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EURGBP economy
European Union
United Kingdom
Central Bank interest rate
Gross domestic product
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Inflation
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