Tuesday, 21 May 2019

GBPUSD Drop in Focus, Brexit Optimism Keeps Fading. CAD Up on USMCA

The GBP/USD downtrend may accelerate on bearish-contrarian signals with confidence of a Brexit deal persistently fading. The Canadian Dollar is benefiting from USMCA talk progress.


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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...