Friday, 17 May 2019

GBPUSD Price Slumps to a Four-Month Low on Brexit Disarray

Sterling (GBP) is coming under increasing pressure, especially from the USD, after news that UK cross-party talks have ended without any agreement, leaving PM May increasingly isolated.


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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...