Russia Industrial Output registered at 2%, below expectations (2.5%) in June

Jul 23, 2025

EUR/GBP slips as traders brace for ECB monetary policy decision

The Euro (EUR) weakens against the British Pound (GBP) on Wednesday as investors turn their focus to the European Central Bank (ECB) policy decision due Thursday. The EUR/GBP cross is under pressure, trading around 0.8655 during the American trading hours, down nearly 0.43% on the day.

GBP/USD rises past 1.3550 as US–Japan trade deal fuels risk-on rally

The GBP/USD rose more than 0.30% on Wednesday, boosted by an upbeat risk appetite following the announcement of the US-Japan trade deal, which increased demand for high-beta currencies like the British Pound and other commodity currencies.