Monday, 8 November 2021

British Pound (GBP) Outlook Strained as Article 16 Fears Flare Up

Sterling opens the week relatively unchanged but news that the Brexit Trade deal may be scrapped if the UK triggers article 16 could see GBP drop again.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...