EUR is falling against the GBP, rising against the USD but not for long
Information is not investment advice
The ECB will announce the main refinancing rate at 14:45 and give a press conference at 15:30 MT time on December 12.
The main attention of traders is paid to the news concerning the US-China developments ahead of the US tariffs deadline scheduled on December 15.
The UK Parliament election, American and European interest rates announcements and monetary policy press conferences - all of these are going to take place this week.
The Federal Funds Rate is announced at 21:00 MT time on December 11.
The British monthly GDP growth rate is at 11:30 MT time on December 10.
Black Friday for the currency market: the Non-Farm Payrolls are out!
The GBP is surging and the AUD inched lower
The British pound has rallied versus the other major currencies on the growing expectations that Prime Minister Boris Johnson would win a majority at December 12 election.
EUR/USD is consolidating, GBP/USD is under pressure, USD/JPY dropped.