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Mar 25 - 05:55 AM

GBP/USD - Hits 7-Week Low As Europe's Third Virus Wave Builds

By Rob Howard  —  Mar 25 - 03:38 AM
  • Cable hits 1.3671 after breaking below 1.3675 (Wednesday's low)

  • 1.3671 is the lowest level since Feb 5 (1.3666 was the low that day)

  • Growing third wave of COVID-19 across Europe is helping weigh on the pound

  • German cases rise nL1N2LN0DF. French ICU patient numbers up nL1N2LM3HY

  • On Monday, PM Johnson warned Europe's third wave could hit UK nL8N2LK3U9

  • EU sharpens COVID-19 vaccine export rules: UK may be impacted nL8N2LM49I

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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