Wednesday, 17 April 2019

GBPUSD Price Action Tepid After UK Inflation Misses Forecasts, Brexit Lull

The latest UK CPI data show little movement in price pressures despite a strong jobs marekt. Sterling remains unmoved and is waiting for full-blown Brexit discussions to re-start next week.


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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...