GBP/USD remains bearish...

UK FCA told banks to ramp up preparations for all Brexit scenarios, while it is said to have some painful lessons from pending reviews and noted strong regulatory standards go hand-in-hand with the UK's position as a global financial centre.

ECB President Lagarde said the strength of the recovery remains very uncertain and the uncertainty of the current environment requires a very careful assessment of the incoming information, including FX and its impact on medium-term inflation. Furthermore, Lagarde later stated that we are attentive to the Euro's appreciation and that the ECB has not ran out of ammunition. (Newswires)

German Chancellor Merkel and EU Von Der Leyen agreed in a call for the need of a quick agreement with European parliament on EU budget and recovery plan that is needed to guarantee EU programs can start as planned from January 2021.

Norwegian Government has proposed that its Sovereign Wealth Fund should invest more within the US stock market and less within Europe.