EUR/GBP drops to new 2023 lows around 0.8630 – by pabspiovano EURGBP Crosses Currencies
retreats for the third session in a row and seems to break below the consolidative theme in place since mid-May, just below 0.8700 the figure.
Some support for the euro also came after hawkish comments from the ECB’s Simkus, who advocated for further hikes in June and July. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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