Charles Purdy
on November 10th, 2023 The euro gained around 0.1% against the pound yesterday while treading water against the dollar.
ECB vice president Luis de Guindos warned it was too soon for markets to start thinking about a reduction to borrowing costs. “Any discussion about interest rates is clearly premature”, he remarked in a speech yesterday.
Next week features both Spanish and Italian inflation figures, alongside the ECB’s GDP reveal.
EUR/USD: the past year
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