EUR/GBP slides toward 0.8800 as tech sell‑offs hit Asia‑Pacific markets and UK retail‑sales data loom, leaving the euro weak amid differing central‑bank outlooks.
EUR/GBP trades near 0.8795 amid U.S. shutdown hopes and corporate news, suggesting modest downward pressure if the dollar strengthens—stay alert for shifts.
Euro‑Pound near 52‑week low: AI hype, U.S. tech sell‑off and crypto expansion could drive further downward pressure, so watch AI and market sentiment closely.
The EUR/GBP pair has reached a 52-week high, driven by a confluence of factors including US market sentiment, ECB policy, and pound weakness, and is poised to continue its upward trend unless fundamental drivers change.
The EUR/GBP exchange rate remained steady below 0.8700 on September 18, 2025, influenced by the US Federal Reserve’s rate cut and expectations for the Bank of England’s upcoming rate decision.
The Euro/British Pound pair is being influenced by divergent market sentiments between the US and Europe, with US optimism potentially bolstering the US dollar and weakening the Euro.