The EURGBP pair ticks higher after we learned CPI data from Germany for October and data from the UK labor market for October. A much higher-than-expected rise in the UK unemployment rate is raising hopes for faster rate cuts, weakening the pound against the euro.
- Germany October final CPI +2.0% vs +2.0% y/y prelim
- UK September ILO unemployment rate 4.3% vs 4.1% expected
Source: xStation
BREAKING: US RETAIL SALES BELOW EXPECTATIONS
Economic calendar: Indices and EURUSD await US retail sales report
Morning wrap (10.02.2026)
Market wrap: Novo Nordisk jumps more than 7% 🚀