Wednesday, 6 May 2020

GBP/USD Price Volatility Eyed by US Dollar; BoE & Jobs Data Loom

GBP/USD price action throttles lower ahead of the Bank of England and initial jobless claims scheduled for Thursday's trading session, which might fuel Pound Sterling to US Dollar volatility further.

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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...