Ang EUR/GBP ay nagiging mahina habang ang Eurozone Sentix Investor Confidence ay bumababa
Pananalapi Ang EUR/GBP ay nagiging mahina habang ang Eurozone Sentix Investor Confidence ay bumababa 16 minuto ang nakalipas Balita ng Ethereum ng Bitcoin EUR/GBP declined toward 0.8600 as the ECBs higher interest rates dented the economic outlook. ECB Lagarde vowed to keep interest rates higher to bring inflation to 2% in a timely manner. BoE Bailey is confident about bringing down inflation to 5% or lower by the year-end. The EUR/GBP pair remains under pressure from the last week after the Eurozones consumer spending data slowed at a higher pace in August as high inflation squeezes the real income of households. The cross is expected to extend its downside as the confidence of investors in the Eurozone economy is declining due to an uncertain economic outlook. Investors are worried about economic prospects as higher interest rates by the European Central Bank (ECB) have deteriorated demand, which has resulted in contracting factory activities. The Eurozone Sentix Investors Confidence for October has edged down to -21.9 from the former release of -21.5. This weekend, ECB President Christine Lagarde remained confident about achieving the 2% inflation target. The statement from ECB Lagarde indicated that interest rates from the central bank are peaked for now and are required to remain higher long enough
