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18.05.2020 Eur/Gbp Daily Analysis

Eur/Gbp is trading at 0.8929, it is trading lower with 0.0016 mainly because Brexit Talks End with very little progress, and this made the pound to

Yazar: editor_1

Yayınlanma: 18 Mayıs 2020 16:06

Güncellenme: 8 Kasım 2024 15:38

18.05.2020 Eur/Gbp Daily Analysis

Eur/Gbp is trading at 0.8929, it is trading lower with 0.0016 mainly because Brexit Talks End with very little progress, and this made the pound to become stronger against the euro. on the other hand, the euro is weaker against the pound mainly because the bank of England's Chief Economist Andrew Haldane said over the weekend that the Bank is looking again at negative interest rates after having rejected the tool earlier, 'the economy is weaker than a year ago and we are now at the effective lower bound, so in that sense, it's something we will need to look at, are looking at, with somewhat greater immediacy.
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