Forex News | Weekly Review – Time for Brexit | January 31, 2020
Today is the last day for the United Kingdom as a member of the EU. The GBP is strengthening this week following a meeting of the Bank of England.
There are 8000 patients affected with the Wuhan virus, and more than 100 deaths. According to estimates by the WHO, this is not the peak of the epidemic. The coronavirus continues to influence quotes and directly threatens the Chinese economy.
Investors are selling risky assets. Gold reached seven-year highs during the peak of the trade conflict between the US and China.
Brent approached the minimum level since October 2019, reaching the $57 mark.
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