Wednesday, 5 August 2020

British Pound (GBP) Latest: FTSE 100 Heading Higher, GBP/USD Flat

The FTSE 100 index of the major London-listed stocks is gaining some upward momentum and could rise further as traders shrug off concerns about the cost of pandemic relief programs.

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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...