Thursday, 13 February 2020

British Pound Eyes Resistance on UK Fiscal Stimulus Bets, Yen Gains

The British Pound rose into resistance as UK fiscal stimulus bets undermined BoE easing expectations. The anti-risk Japanese Yen gained as the Fed reiterated its plan to trim repos.

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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...