The euro is currently near a 2-month low of 1.1380, following the ECB's unchanged monetary policy and plans to buy bonds by the end of the year. Mario Draghi, governor of the European Central Bank, left the door open for extending the bond purchase program, noting that the need for concessional policy remains necessary.
Sterling fell below 1.29 and tested a strong support level at 1.28 and breaking that level would open the door for the Sterling to accelerate towards the 1.26 levels. Theresa May had received some support from her party on EU exit negotiations.
Britain still has 5 months to go out of the EU and the chances of getting out of a deal are still growing, which will weigh the pound further.
Oil prices continue to hold stability above the $ 67 a barrel level, which could provide strong support for some price recovery as US sanctions on Iran's oil exports approach next month.
