Thursday, 28 February 2019

US Dollar Gains on GDP Data, GBPUSD Losses May be Fleeting

GBPUSD is backing off after Q4 GDP data beat market expectations. Sterling however remains firm and any short-term sell-off in cable may open fresh, bullish, opportunities.


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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...