The dollar was up against the pound on Friday afternoon as Brexit uncertainty continued to drive the markets.
This week, the Federal Reserve will meet over two days to announce their decision on interest rates. The market is currently pricing in a third consecutive 25 basis points cut. However, with US-China trade tensions decreasing and a no-deal Brexit looking unlikely, some view that the reasons to cut rates are not as strong as they were previously.
The announcement on Wednesday evening will be preceded by the release of GDP growth rate figures. Non-Farm Payrolls for October will also be released at the end of the week, as well as Manufacturing PMI.
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