Thursday, 11 April 2019

GBPUSD Price Shrugs Off Brexit Extension, Sterling’s Bid Remains

The EU have offered an extension to Article 50 until October 31 with a break before that date possible if the UK passes the Withdrawal Agreement. Sterling remains slightly better bid in the face of yet more aimless can kicking.


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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...