Friday, 22 October 2021

British Pound Weekly Forecast: Inflation Expectations and New Covid Cases; Poor Retail Data

November rate hike odds around 50% and a rise in new Covid cases threatens to dampen the services sector as the UK braces for winter.

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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...