Forex Today: Investors turn cautious as critical central bank week gets underway

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Forex Today: Investors turn cautious as critical central bank week gets underway
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Forex Today: Investors turn cautious as critical central bank week gets underway – by eren_fxstreet Currencies Majors CentralBanks Macroeconomics Commodities

failed to reclaim parity on Friday and started the new week in a relatively calm manner. As of writing, the pair was moving sideways at around 0.9950.registered gains for the third straight week and went into a consolidation phase near 1.1600 early Monday. The Bank of England will announce its policy decisions later in the week and British Prime Minister Rishi Sunak will unveil the fiscal plan on November 17.gained more than 100 pips on Friday.

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