A mixed background is being formed today. On the one hand, we can expect a decline in quotations against the background of the US Treasury auctions, where the Treasury will place bonds in the amount of $114.8 billion, which may provide short-term support for the dollar.

On the other hand, on the interbank lending market in London, interest rates on loans in pounds are showing growth, which will support the British currency. Bank of England executives say they may tighten monetary policy next year, inasmuch as rapid vaccination of the population against COVID-19 could accelerate economic growth in the United Kingdom, which could trigger a strong rise in inflation.

Trading recommendation: flat 1.4165 – 1.4260.