Bank of England (BoE) Leaves Rates Untouched as Sterling Rallies Further on EU-UK Talk Optimism

The Bank of England left all policy levers untouched at today’s meeting as EU/UK trade talks go down to the wire. Sterling believes that a deal is very much on the cards.

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OMX 30 Near All-Time High, USD/SEK Continues Steady Depreciation

The coronavirus pandemic gets out of control in Sweden as Prime Minister admits the second wave was underestimated

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British Pound (GBP) Latest: GBP/USD Still Firm Ahead of BoE Decision on Policy

GBP/USD continues to strengthen, reaching its highest level since May 2018 ahead of any more news on the EU-UK trade-talks and a likely decision by the Bank of England to leave policy unchanged.

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DAX 30, EU Stoxx 50 May Rise as Investors Await Vaccine Approval

The benchmark DAX 30 and EU Stoxx 50 index may continue to push higher in the near term. However, the elongated wait for vaccine approval may begin to gnaw at market sentiment.

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Crude Oil Nears Resistance, Gold Up on Fed. BoE, Moderna Vaccine Approval Next

Crude Oil prices face resistance after EIA stockpiles shrank as the Fed propelled gold prices before the BoE. WTI and XAU/USD are eyeing US jobless claims and Moderna’s likely vaccine approval.

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