OctaFX | OctaFX Forex Broker
Open trading account

Eurogroup’s Centeno: Some uncertainties surrounding Brexit & trade have lessened

Eurogroup’s Centeno has been reported saying that some uncertainties surrounding Brexit and trade have lessened.

What is being referred to is unclear. it was only yesterday, that a news in the Finacial Times and reported in the Independent also made for an opening bearish gap in cable at the start of Asia yesterday when focussing on comments quite to the contrary from the UK's Finance Minister, Sajid Javid, who admitted businesses will be hit by Brexit as he fired off a warning to manufacturers that "there will be no alignment" with EU rules. More on that here.

FX implications

Today, EU finance ministers of the eurozone meet on 20 January 2020, in Brussels, a presser passed although there have not been wires related to Brexit thus far. GBP is unchanged on this headline, 0.05% on the day at the time of writing, weighed by dovish Bank of England prospects. 




EUR/USD: Narrower US-EZ growth differentials in 2020 may lead to a rebound – CitiBank

Analysts at Citibank think pessimism regarding the Eurozone outlook may be overdone especially if Brexit is resolved and the European Central Bank (EC
Read more Previous

Trump’s lawyers file a brief urging the Senate to “swiftly” reject the impeachment charges – The Hill

The Hill reports that "President Trump’s lawyers on Monday filed a brief urging the Senate to "swiftly" reject the impeachment charges against him, ca
Read more Next
Start livechat