Thursday, 2 May 2019

US Dollar May Rise, GBP Mute as Brexit Overhang Mutes BoE Hike Bias

The US Dollar is eyeing uptrend resumption, crude oil prices seem to be topping alongside the S&P 500 in the aftermath of a less-dovish Fed. GBP/USD ignored a hawkish tilt from the BoE.


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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...