Wednesday, 17 February 2021

British Pound (GBP) Latest: GBP/USD Correction Due, UK Inflation Beats Expectations

GBP/USD looks ripe for a correction lower as USD climbs on rising Treasury yields; the latest UK inflation data came in higher than economists had predicted.

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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...