Wednesday, 21 April 2021

British Pound Outlook: UK Inflation, Producer Price Data Positive for GBP

The latest UK CPI and PPI figures haven’t changed the outlook for Sterling but are still positive long-term; the Bank of England will have to tighten monetary policy eventually.

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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...