FX Daily: Calm ahead of the ECB – MENAFN.COM

SourceMENAFN
SectorFinancial Markets
CountryMiddle east

(MENAFN – ING)There is some tentative stability in markets after the sell-off on Monday. We look for calmer trading in FX markets today ahead of the European Central Bank meeting tomorrow. The recent dip in sterling brought EUR/GBP into overvalued territory, suggesting limited room for more pronounced upside from here

In this article USD: Tentative stability

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