Gold Research

Euro trims losses against the British Pound following hot German inflation data

The Euro (EUR) has picked up from session lows against the British Pound (GBP) on Wednesday as hot German inflation figures have partially offset a mild risk-off sentiment, amid flaring tensions in the Middle East.

The Euro (EUR) has picked up from session lows against the British Pound (GBP) on Wednesday as hot German inflation figures have partially offset a mild risk-off sentiment, amid flaring tensions in the Middle East.

Gold impact rationale

Stronger safe-haven demand makes capital more likely to flow into gold.

  • Source: FXStreet news
  • 2026-08-12
  • risk

Topics: gold news, gold price impact, risk