ECB Move Overshadowed Formal Brexit Trigger. Oil Prices Gained on Less than Expected Stock-build
JermaineCatesMarket reaction to the formal announcement of Brexit was relatively muted. GBPUSD initially extended weakness to a 1-week low of 1.2375 but then recovered to settle at 1.2432, down -0.13%. Euro was the worst performer among major currencies amidst speculations that the ECB would be cautious about changing its forward guidance on stimulus measures.
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ECB Move Overshadowed Formal Brexit Trigger. Oil Prices Gained on Less than Expected Stock-build
