Wednesday, 21 October 2020

British Pound (GBP) Latest: GBP/USD Shrugs Off Dire UK Borrowing Data

GBP/USD is holding its ground despite news of a surge in UK public sector borrowing, debt at its highest since 1960 and a rise in UK inflation. The FTSE, though, is weakening.

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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...