Monday, 13 January 2020

GBP Sinks, USD/JPY Clears 110. US Removes China as FX Manipulator

The British Pound fell as BoE rate cut bets rose. This is as USD/JPY cleared 110 as the US dropped China’s currency manipulator label ahead of the phase one trade deal signing.

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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...