Hello Reader,

 

EUR/GBP edges slightly higher 

  • Sterling under some slight downward pressure yesterday...
  • Poll suggests Tories lead in election race has narrowed and a hung Parliament is now within the margin of error...
  • Softer sterling tone sees EUR/GBP at 84.5p mark...
  • GBP/USD in lower half of $1.31-1.32....
  • EUR/USD near $1.11...
  • Today, Fed meeting poses some event risk for the dollar....
  • No cuts expected so focus will be on FOMC’s updated rate projections...
  • Action in the euro and sterling may be more muted ahead of tomorrow’s ECB meeting / UK general election...
 
 



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