United States Michigan Consumer Sentiment Index came in at 61.8, above expectations (61.5) in July

Jul 18, 2025

EUR/GBP holds above key support as UK economic concerns pressure Sterling

The Euro (EUR) is edging higher against thePound Sterling (GBP) on Friday as rising expectations that the Bank of England (BoE) may cut interest rates and fiscal concerns place pressure on Sterling.

United States Michigan Consumer Sentiment Index came in at 61.8, above expectations (61.5) in July

EUR/GBP holds above key support as UK economic concerns pressure Sterling

United States UoM 5-year Consumer Inflation Expectation dipped from previous 4% to 3.6% in July