The EURGBP currency pair is currently trading at 0.86733. According to Danske Bank, the relative rates of these two currencies are viewed as having a slightly positive impact, but not significant.
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The Bank of England (BoE) decided to keep the Bank Rate (key policy rate) unchanged at 5.25%. EUR/GBP initially moved higher but partly retraced the move later on. Economists at Danske Bank analyze the pair’s outlook.
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