When you pair two weak currencies against each other, what do you get? A sideways chop. That’s exactly what has happened to the Euro/British pound (EUR/GBP) currency pair for the past several months as data from both the Eurozone and the UK have been far from impressive. So far in the first half of 2018, macroeconomic pointers from the Eurozone have been poor with German data being particularly disappointing.
From:: Resource Investor