Tuesday, 25 February 2020

British Pound, Euro, Yen Gain as US Dollar Weakens in Tense Session

The British Pound, Euro and Japanese Yen rose versus the US Dollar. Coronavirus fears sank stocks and increased Fed rate cut bets. The GBP/USD technical bias still points lower.

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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...