In European morning deals on Monday, the U.K. currency trimmed its early losses and strengthened against the euro.
The pound that bounced back from previous session's 10-month low of 0.8408 against the euro is presently quoted at 0.8382. At last week's close, the pair traded at 0.8395.
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.