EUR/GBP bears eye another bearish weekly close and below 0.8338 is key By ross_burland EURGBP Technical Analysis BOE Politics ECB
Today, Francois Villeroy de Galhau sounded dovish and argued that the eurozone inflation is close to peaking, noting that December CPI data from France is showing the first signs of stabilization. Villeroy added that “While remaining very vigilant, we believe that supply difficulties and energy pressures should gradually subside over the course of the year.”
“We have learned over the past two years that every Covid wave, however serious, has diminishing economic effects,” Villeroy said. and prospects of tax cuts, so long as covid remains a minor threat. With that being said, UK political angst could throw in a spanner in the works for the pound bulls. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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