Wednesday, 6 May 2020

GBP/USD May Fall as the Bank of England Strikes a Gloomy Tone

The British Pound may fall against the US Dollar if a gloomy tone from the Bank of England sets the stage for stimulus expansion and sours overall risk appetite.

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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...