Fundamental drivers in Sterling and EUR - BMO

FXStreet (Guatemala) - Stephen Gallo, European Head of Currency Strategy at BMO Capital noting fundamental shifts in Sterling and the EUR.

Key Quotes

"Fundamental drivers pushed currency pairs in different directions during the London morning, but not by very much".

"The German ZEW headline was below the bottom end of the ‘neutral range’, and UK CPI inflation rose by more than expected in June: the EUR fell slightly and the GBP rose".