Thursday, 22 August 2019

GBP Gains. Yen Rallies as US Manufacturing Shrinks Most Since 2009

The British Pound rose on the latest Brexit news, but it still has a way to go before clearing resistance. Meanwhile, Wall Street wobbles as US manufacturing contracts for the first time since 2009.


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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...