XE Market Analysis: Brexit Negotiations Are Back in Focus This Week

OVERVIEW

  • Sterling slips back to multi-month low before EC meeting this week.
  • The Euro is stable on flat business climate survey.
  • US Dollar slips on trade tariff concerns.

HIGHLIGHT

Foreign exchange markets are being led by two main themes this week. Firstly, the European Council Meeting on Thursday and Friday. Secondly, there are trade worries in the US, China, and other major economies as they square up on trade tariffs.