Monday, 6 January 2020

GBP/USD Rate May Rise as Japanese Yen Price Falls in Near-Term

The British Pound and Euro appreciated against the US Dollar. GBP/USD may extend its rally on trader buy/sell bets. A cooldown in US-Iran tension fears may sink the Japanese Yen.

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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...