Senior EU official
A senior EU official is on the wire saying:
- ECB Draghi told EU leaders last week, that markets were not fully pricing in a no-deal Brexit.
Does that imply growth and stocks are overvalued? That the ECB would need to be much more accomodative?
It may be that he is just covering his butt a little with a warning from the head of the ECB.
The GBPUSD and EURUSD remain with a more bearish bias.
For the EURUSD, the price is off the lows and remains below a topside trend line on the hourly.
