Thursday, 30 January 2020

USD Drops After FOMC; British Pound Pops on BoE, GBP/USD Breaks Out

It's been a busy day in global markets as yesterday's FOMC rate decision led into this morning's Bank of England rate meeting.

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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...