Euro-Pound is trading around 0.8819 after ending the previous session at zero (up 0%) .
Trading week at a glance - EUR/GBP is up to 0.8819, after closing yesterday at zero. Overall, a 0% move or 8,819 pips this week. (Start trading Euro-Pound at FXTM today).
On the flip side, data for Germany Unemployment Change published today at 08:55 UTC came out at -15,000, beating projections of 5,000 and showing improvement over the preceding figure of -13,000. Highly important Business Climate Index data from Germany beat analyst expectations of 90.2 with a reading of 90.2.
At the same time, Italy 10-Year BTP Auction released today at 10:10 UTC with a figure of 4.28, while the previous figure was 3.96. Euro Zone GDP released today at 10:00 UTC is better than expected at 0.1 but down from preceding data of 0.3 according to new data. GDP in Euro Zone fell short of market expectations (2.2%) with a reading of 1.9%, continuing the decline from the previous figure of 2.3%.
Furthermore, the market is looking at Euro Zone Deposit Facility Rate (Feb) is expected Thursday. Euro Zone Interest Rate figure is projected at three. It previously stood at 2.5; data will be released Thursday. United Kingdom BoE Interest Rate Decision (Jan) is scheduled for Thursday.