Tuesday, 5 May 2020

British Pound (GBP) Latest: GBP/USD Boosted by Lockdown Hopes

GBP/USD is edging higher as risk assets rise on hopes that the Covid-19 lockdowns will be eased soon in more countries, but caution is called for ahead of Thursday’s Bank of England policy 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...