The Pound Euro (GBP/EUR) exchange rate is treading water after two straight days of declines.
The Pound drifted lower in the previous session amid a lack of fresh catalysts. This week has been a quiet week on the economic calendar.
Today, that changes with the release of UK GDP data which is expected to show economic growth picked up in November to 0.4%, from 0.1% in October.
Industrial production and manufacturing are also set to be released.
Thursday’s session was also a quiet session for the Euro which drifted higher. Today the economic calendar could capture investors’ attention with the release of Eurozone balance of trade and German GDP for 2021.
Currencylive.com is a news site only and not a currency trading platform. Currencylive.com is a site operated by Wise US Inc ("We", "Us"), a Delaware Corporation. We do not guarantee that the website will operate in an uninterrupted or error-free manner or is free of viruses or other harmful components. The content on our site is provided for general information only and is not intended as an exhaustive treatment of its subject. We expressly disclaim any contractual or fiduciary relationship with you on the basis of the content of our site, any you may not rely thereon for any purpose. You should consult with qualified professionals or specialists before taking, or refraining from, any action on the basis of the content on our site. Although we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up to date, and DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Some of the content posted on this site has been commissioned by Us, but is the work of independent contractors. These contractors are not employees, workers, agents or partners of Wise and they do not hold themselves out as one. The information and content posted by these independent contractors have not been verified or approved by Us. The views expressed by these independent contractors on currencylive.com do not represent our views.
