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Oct 15 - 06:55 AM

GBP/USD - Weighed Down By Steep European Equity Losses

By Rob Howard  —  Oct 15 - 05:00 AM
  • Cable drops to 1.2938 as safe-haven USD benefits from European equity losses

  • Pan-European STOXX 600 is currently down 2.2% nL4N2H6231

  • 1.2938 is the lowest level since Wednesday's high of 1.3065

  • Wednesday's high was posted on news EU-UK will keep talking on trade

  • EU leaders to pressure UK for concessions nL8N2H616GnB5N2DW00T

  • More UK cities may face stricter lockdown - but at what cost? nL8N2H61D2

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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