Forecast: Euro and pound may fall in cost

11:31 - 11.02.2021


February 11, Fineko/abc.az. EUR/USD and GBP/USD are currently trading at their highest levels in the past two weeks.

ABC.AZ reports that the minutes of the meeting on Fed's monetary policy, published today are also in the focus of investors' attention.

Analysts believe the meeting will clarify a number of issues. The meeting is expected to have an impact on the dollar and the euro, including the British pound.

So, in the future, the decline of these currencies, which are prone to decline, may be accelerated.

By Elmir Murad

 

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