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GBP ends the week well, while EUR struggles

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 26, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Towards the end of the week we saw GBP finish up on an 8 week high against EUR, while versus the US dollar things were a bit more under pressure. We also one of the MPC’s biggest advocates for a rate raise, Ian McCafferty, state that a cut in interest rates could not entirely be ruled out, and it also appears now that further QE is not out of the question in stabilising the UK’s economy. Importantly, we also saw the BoE Governor lend his support to the pro-EU camp, and retail sales were seen

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