Prop firm news

EUR/GBP broke through 0.8442: the euro to pound rate at a 16-month low

EUR/GBP fell to 0.8442, the lowest level since June 2025. In less than three weeks, the pair lost about 1.92%, which is a notable move for an usually calm cross rate.

ECB Governing Council member Wunsch hinted at a rate hike at the next meeting

Pierre Wunsch, Governor of the National Bank of Belgium and member of the ECB Governing Council, said that at the next meeting the regulator will most likely raise the rate. For the market, this is an important signal, since expectations of a tighter policy directly affect the euro and asset yields in the eurozone.