Wednesday, 10 July 2019

UK Economy Grows in May But Underlying Risks Continue

Sterling received a push higher on Wednesday morning as GDP figures showed that the British economy managed to grow in the month of May, after experiencing a contraction in the month of April.


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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...