Financial, market and economic news

Potential woes for GBP/USD

AS we approach the last quarter of 2020, markets will be monitoring the Brexit process and the US presidential elections that will be held in November 2020. Central banks such as the European Central Bank (ECB) have expanded the size of their purchase programmes in a bid to stimulate an economy reeling from the devastating effects of the novel coronavirus that has left national airline carriers in tatters, and massive lay-offs in various sectors.

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