Pound weakens versus Euro as Draghi forecasts faster growth

Source: Bloomberg
© Scanpix/FP
The British Sterling declined on Thursday trading session falling against the euro-area currency after the European Central Bank President Mario Draghi revealed that the bank maintains refinancing rates unchanged and raised growth forecast for this year. The Pound fell 0.7% to 82.73 pence a Euro as of 3:26 p.m. in London.

Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.