The moment of truth for the markets is approaching. The main events of December 11-12: the Fed meeting on December 11, the ECB and the elections in Britain on December 12.
The pound showed a new growth of 200 points (1.2900-1.3100) - on expectations that the conservatives will get a strong majority - the markets obviously like the Brexit option from Johnson.
The Fed may cut the rate again by 0.25%.
The ECB is expected to announce that it will not pursue a new policy easing.
This set is likely to cause the euro to rise.
We keep purchases from 1.1035, stop at 1.0990 and expect a new wave of euro growth.
