EUR/GBP Tests 10-Month Lows Near 0.8610 as Risk Aversion Persists
The euro weakens against the pound for a fourth straight session, with EUR/GBP dropping to around 0.8610, its lowest level in ten months, amid continued risk-off market conditions.
EURGBP
The EUR/GBP pair extended its decline for a fourth consecutive session on Wednesday, falling to the 0.8610 area, its weakest level in 10 months. The cross has lost roughly 0.6% so far this week.
The move comes as risk-off sentiment persists in global markets, weighing on the euro against the safe-haven pound.
Source: FXStreet Forex News