Tuesday, 7 September 2021

British Pound (GBP) Price Outlook: GBP/USD May Suffer From UK Tax Hike Plan

GBP could come under downward pressure after its recent advance as UK PM Johnson faces a backlash from within his own party over plans to raise National Insurance to pay for health and social care.

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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...