EUR/GBP retreats as BoE stays cautious, ECB easing widens policy gap

  • The Euro (EUR) edges lower against the British Pound (GBP) on Thursday, snapping its recent winning streak after the Bank of England (BoE) held its key interest rate steady at 4.25% in its June policy meeting. The central bank's decision, delivered against a backdrop of sticky inflation and global uncertainty, provided fresh support for the Sterling.