XE Market Analysis: Europe – Nov 19, 2020

The pound and euro posted respective two- and three-day lows against the dollar as anxieties about Brexit took hold, although magnitude of movement has been limited so far. Both currencies posted 10-day lows versus the yen, though fared better against the dollar bloc currencies with global stock markets and commodity markets seeing cautious trading after recent strong gains. The pound itself underperformed relative to the euro, which saw EUR-GBP lift to a 0.8958 high, which reversed most of the decline seen yesterday.