Market Comment - 25th November 2022

November 25, 2022
Market Comment - 25th November 2022

Good morning,

GBP/EUR and GBP/USD have both tracked sideways in the last 24 hours. This was to be expected with little news scheduled other than a handful of central bank speeches and it being Thanksgiving in the US. It could be very similar today without a global news story as there's little scheduled news out between now and Monday.

There's a speech by a member of the ECB later and that's about it for market news.

Business news is dominated by the scheduled strikes by nurses on 15th and 20th December. Emergency care won't be affected but all other aspects of care will be. It's the biggest ever strike within the NHS. Nurses are calling for a 19% pay hike which the Government is resisting.

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Today’s Economic Calendar

EUR: 17:00 ECB's Luis De Guindos Speech

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As ever we look forward to keeping you in the loop and look out for our next update.

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