Monday, 18 May 2020

British Pound Feeling Familiar Pain of Brexit as Covid-19 Takes its Toll

The British Pound’s sensitivity to political risk is returning as GBP suffers from the UK’s internal fragmentation and renewed concerns about Brexit amid the coronavirus pandemic.

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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...