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EUR/GBP rising towards 0.84 handle

FXstreet.com (London) – EUR/GBP has preferred the upside of the sideways channel moving into the week. The pair has managed a advance towards the 0.84handle with a high of 0.8392.

A research team at TD Securities noted a very quiet European session has seen very little in the way of data releases. “Markets have kept one eye on members of the BoE including the Governor testifying to the Treasury Select Committee but the biggest market moving headline came from ECB Executive Board member Coeure who stated that although negative rates were technically possible and had been discussed, they were unlikely …read more