Daily Market Review: EUR Gains on EU Commission’s Proposal, GBP Slides on Brexit Impasse
Channel: JFD Brokers
Date: 2020-05-28

Daily Market Review by Charalambos Pissouros

The euro was among the main gainers on Wednesday and during the Asian morning Thursday, as the EU Commission announced a EUR 750bn plan to support the Union’s economies hurt by the coronavirus crisis. The pound was the second loser in line, coming under selling interest on more headlines pointing to a Brexit impasse, as well as on fresh talks about negative interest rates by the BoE.

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