Wednesday, 2 January 2019

Sterling (GBP) Slips Lower Despite Strong Manufacturing PMI Headline

The British Pound picked up a bid at the lower level after the latest UK Manufacturing PMI release beat expectations but faded lower as markets digested the data breakdown.


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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...