Euro Steady vs Pound Ahead of Eurozone, UK Services PMI Data
EUR/GBP trades near 0.8573, holding earlier gains as markets brace for Services PMI releases from the Eurozone and UK.
EURGBP
The euro traded little changed against the British pound on Wednesday, holding onto gains from the prior two sessions. EUR/GBP was hovering around 0.8573, having bounced from support near 0.8540 earlier in the week.
Investors are awaiting the release of final Services PMI figures from both the Eurozone and the UK, which could provide fresh directional cues. The pair has been range-bound as traders assess the monetary policy outlook for the ECB and the Bank of England.
Source: FXStreet Forex News