Euro-Pound sheds 0.2% within 0.8675 to 0.871 daily range

Published: May 27 2023, 09:26 GMT+0

Euro-Pound sheds 0.2% within 0.8675 to 0.871 daily range

Yesterday at a glance: Euro-Pound dipped as low as 0.8675 before recovering some lost ground. However, the rebound failed to push the stock to where it started the session (0.8703) with EUR/GBP closing the day at 0.8686.

Having set a peak of 0.9785 around 7 months ago, Euro-Pound is now trading 11.06% below this level.

Though Euro-Pound has been dropping, other pairs have been performing better: GBP/NZD went up by 0.52% yesterday, and closed at 2.0417. GBP/JPY went up by 0.64% yesterday, and closed at 173.63. USD/JPY goes up 0.41% yesterday and closed at 140.05.

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