The euro declined versus the pound during early North American session.The euro that hit a new multi-week high of 0.8801 earlier failed to sustain the momentum and fell to 0.8761 at 9:55 am ET. The current quote for the euro-pound pair is 0.8761, up from Friday's New York session close of 0.8742.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.