Tuesday, 15 January 2019

A Pound Rally on May’s Brexit Proposal Defeat?

Parliament dealt Prime Minister May a sound – record – defeat on her Brexit proposal Tuesday. Normally, this would be grounds for an epic Sterling tumble, yet the currency did exactly the opposite. Why?


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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...