Wednesday, 4 September 2019

Sterling (GBP) Price Outlook Rattled by Brexit Confusion, PMI Weakness

Sterling remains under pressure with little scope for a sustained upside move as Brexit continues to weigh on market sentiment, while the latest batch of PMIs point to the UK economy contracting in Q3.


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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...