Tuesday, 2 July 2019

GBPUSD Drops as UK Construction Sector Collapses, Fear of Q2 Contraction

The UK economy faces rising risks as political uncertainty weighs on growth. Construction and Manufacturing PMIs experience sharp declines. Focus on Services PMI to consolidate a direction


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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...