Wednesday, 26 September 2018

GBPUSD Outlook Buffeted by FOMC Rate Outlook and Brexit News

Sterling’s relief rally off the recent 1.3055 level against the US dollar has stalled for now with prices trading in a tight range. Volatility is likely to return as the FOMC rate decision and the latest Brexit news hove into view.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...