Wednesday, 19 February 2020

GBP/USD Outlook Gloomy Ahead of FOMC Minutes, UK CPI Data

The British Pound may fall against the US Dollar if UK CPI data underwhelms. GBP/USD’s decline may be amplified if the FOMC minutes reveal an unexpectedly hawkish Fed.

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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...