Monday, 15 November 2021

EUR/GBP Pressured by Rate Expectations and Covid Cases, UK Inflation Data Looms

Heightened expectations of a December Bank of England rate hike and a sharp increase of covid cases in Europe will weigh on EURGBP over the next weeks.

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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...