Monday, 11 May 2020

British Pound (GBP) Latest: GBP/USD Stalls Ahead of Lockdown Unwind Details and Brexit Talks

Sterling has opened the week flat and may struggle to make a decisive break as traders wait for UK PM Johnson to release his COVID-19 unwind proposals, while UK/EU trade talks re-start this afternoon.

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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...