Friday, 24 May 2019

GBP Bears Beware: Boris as UK Prime Minister Might be Good for Sterling

Former British Foreign Secretary Boris Johnson has become the clear favorite to succeed Theresa May as UK Prime Minister, and that poses a risk for traders looking to sell the British Pound.


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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...