Tuesday, 16 April 2019

GBPUSD Price Outlook Poor Even as UK Inflation Fears Mount

Average weekly earnings in the UK continue to rise faster than inflation. However, the chances of a UK rate rise – and hence a stronger Pound – remain remote because of Brexit.


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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...