Stationary Euro/Pound is trading around 0.8592 .
A flat end to the trading week, EUR/GBP price varies between 0.8557 and 0.8647 and settles at 0.8592. (Trade Euro/Pound with FXTM now).
This in-between state for Euro/Pound is reflected by market data published as United Kingdom Construction PMI beats expectations of 62.3 with new data release of 64.2. This is also a step forward from the previous data of 61.6. Data for United Kingdom Composite PMI released yesterday at 8:30 AM comes out at 62.9, beating projections of 62 and showing improvement over the preceding figure of 62. Germany Unemployment Change comes out at -15,000, above the estimate of -9,000. This is also a step forward from the previous data of 8,000.
While Euro/Pound is pretty flat so far today, mixed performances are seen elsewhere as EUR/NZD hits 1.701, highest price in 4 months. New 4 months high for EUR/AUD at 1.5851. USD/SGD drops to 1.3185, as it hits a 3 months low. Dollar/Yen hits a new 2 months high at 110.33. Aussie/Dollar drops to 0.7642, as it hits a 6 weeks low.