For the moment, all normal

August can be a tricky month due to low volume and high volatility, however, so far, everything seems normal. Just as an example, we show you 2 charts: EURGBP (after Brexit and lower interest rates) and EURUSD. As you can see, no big movements:

The pound is weakening due to uncertainties and lower interest rates (by the way, why did they reduce them?, but that is another story).

Meanwhile the euro against the dollar is in the range we have talked about in a past article (link here), so nothing new.