Tuesday, 25 September 2018

GBPUSD Price Supported by MPC Rate Hike Musings, FOMC Ahead

Sterling pushed back above 1.3150 against the US dollar after external MPC member Gertjan Vlieghe said that 1-2 UK interest rate hikes per year is broadly right.

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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...