Thursday, 30 January 2020

British Pound May Fall on BoE Rate Decision, Brexit Concerns

The British Pound may suffer if the BoE radiates unexpectedly dovish overtones and pressures GBP/USD against the backdrop of US GDP data and robust Amazon Q4 earnings.

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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...