Martin Essex from Daily FX discusses the ‘extraordinary day for sterling’
With the Bank of England having not just decided to leave rates on hold but also warn of the potential for negative interest rates sterling had a negative swing.
But then as the EU began to talk about a potential breakthrough in the Brexit negotiations, sterling had a big reversal. Seemingly not all was lost. IGTV’s Jeremy Naylor discussed the day’s movements with Daily FX analyst Martin Essex. They also discussed the recent Federal Reserve meeting and how damaging the strong euro has been for the eurozone.
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