Turkey Budget Balance rose from previous -6.6B to 5.4B in April

For more information, read our latest forex news.

May 16, 2016

EUR/GBP climbs to session high of 0.7890, remains trapped in a range

The EUR/GBP pair has been steadily inching higher and as the London trading session gets underway has now moved to session peak level of 0.7890...

The sterling is trading on a softer tone at the beginning of the week, sendingGBP/USD to test the lower bound of the range near 1.4350.