Wednesday, 8 July 2020

GBP/USD Outlook Brighter, EUR/GBP Dimmer After UK Mini Budget

UK Chancellor Rishi Sunak’s summer statement included a package of spending measures broadly in line with expectations that will likely help keep GBP/USD trending higher and EUR/GBP lower.

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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...