EUR/GBP: Euro Gains as EU Officials Reach Breakthroughs

The Euro is perceived to maintain its incline alongside the Pound today as major breakthroughs in resolving the three-year-old debt crisis were achieved by European officials, managing to improve market sentiment. Essential gauges of the Euro Zone economy up for release today are likely to suggest that the region’s economy has already seen the worst. Meanwhile, Standard & Poor’s move to put the UK’s triple-A rating on a negative outlook is believed to weigh on the Sterling.

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EUR/GBP: Euro to Decline as Markets Focus on Greece and Spain

With Greece back in the spotlight as it struggles to secure a bailout tranche needed to ward off a potential bankruptcy, the Euro is deemed to lose ground