EUR/GBP holds steady as markets await ECB, BoE policy decisions
EUR/GBP trades around 0.8640 on Tuesday at the time of writing, virtually unchanged for the day, as investors remain on the sidelines ahead of the European Central Bank (ECB) and the Bank of England (BoE) monetary policy decisions due on Thursday.
  • EUR/GBP trades without a clear direction as markets adopt a wait-and-see stance ahead of key central bank decisions.
  • The European Central Bank is expected to hold rates, although tightening expectations persist
  • The Bank of England is also likely to remain on hold, with UK employment data in focus.

EUR/GBP trades around 0.8640 on Tuesday at the time of writing, virtually unchanged for the day, as investors remain on the sidelines ahead of the European Central Bank (ECB) and the Bank of England (BoE) monetary policy decisions due on Thursday.

On the European side, the ECB is widely expected to keep its deposit rate unchanged at 2%. However, money markets continue to price in the possibility of a rate hike by mid-year, with some policymakers, including Peter Kazimir, highlighting upside risks to inflation linked to geopolitical tensions.

The BoE is also expected to leave its key rate unchanged at 3.75%, amid persistent economic uncertainty. Investors anticipate a relatively hawkish tone, as inflation risks remain present, particularly in the event of renewed increases in energy prices.

Also on Thursday, ahead of these decisions, attention will turn to UK labor market data. The International Labour Organization (ILO) Unemployment Rate is expected to remain steady at 5.2%. Any upside surprise could support the Pound Sterling (GBP), while weaker data could reinforce expectations of future monetary easing.

On the fundamental side, the Euro (EUR) is supported by the decline in Oil prices, a positive factor for the Eurozone given its heavy reliance on energy imports. Easing supply concerns, with tankers safely crossing the Strait of Hormuz and signals of potential strategic reserve releases, are contributing to an improved economic outlook for the region.

In this context, EUR/GBP remains in a consolidation phase, with traders awaiting clearer signals from central banks before committing to a directional move.

Euro Price Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Canadian Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.26% -0.24% -0.10% 0.11% -0.44% 0.05% -0.24%
EUR 0.26% 0.02% 0.16% 0.37% -0.19% 0.31% 0.02%
GBP 0.24% -0.02% 0.15% 0.35% -0.20% 0.29% 0.00%
JPY 0.10% -0.16% -0.15% 0.21% -0.35% 0.15% -0.14%
CAD -0.11% -0.37% -0.35% -0.21% -0.55% -0.05% -0.34%
AUD 0.44% 0.19% 0.20% 0.35% 0.55% 0.50% 0.20%
NZD -0.05% -0.31% -0.29% -0.15% 0.05% -0.50% -0.29%
CHF 0.24% -0.02% -0.01% 0.14% 0.34% -0.20% 0.29%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

Mais de um milhão de usuários confiam na FXStreet para dados de mercado em tempo real, ferramentas de gráficos, insights de especialistas e notícias de Forex. Seu calendário econômico abrangente e webinars educacionais ajudam os traders a se manterem informados e tomarem decisões calculadas. A FXStreet conta com uma equipe de cerca de 60 profissionais, divididos entre a sede em Barcelona e diversas regiões globais.
Ler mais

COTAÇÕES AO VIVO

Nome / Símbolo
Gráfico
% Variação / Preço
GBPUSD
Variação 1 dia
+0%
0
EURUSD
Variação 1 dia
+0%
0
USDJPY
Variação 1 dia
+0%
0

TUDO SOBRE FOREX

Explore Mais Ferramentas
Academia de Trading
Navegue por uma ampla gama de artigos educacionais cobrindo estratégias de trading, insights de mercado e fundamentos financeiros, tudo em um só lugar.
Saiba Mais
Cursos
Explore cursos de trading estruturados projetados para apoiar seu crescimento em cada etapa de sua jornada de trading.
Saiba Mais
Webinar
Participe de webinars ao vivo e sob demanda para obter insights de mercado em tempo real e estratégias de trading de especialistas da indústria.
Saiba Mais