Wednesday, 15 July 2020

British Pound (GBP) Latest: EUR/GBP Easing After Surprise UK Inflation Rise

UK inflation rose unexpectedly in June, lifting GBP/USD modestly and weakening EUR/GBP ahead of the European Council meeting starting Friday to discuss an EU recovery fund.

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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...