Friday, 1 May 2020

British Pound (GBP) Latest: GBP/USD Consolidates, PM Johnson Fears Second Coronavirus Outbreak

Sterling enjoyed an end of the day rally Thursday, aided by month-end portfolio rebalancing, but talk that PM Johnson fears a second COVID-19 peak may dampen any risk enthusiasm.

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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...