Tuesday, 3 May 2022

British Pound Bumps Lows as US Dollar Poised Ahead of the Fed and BoE

The British Pound is trading just above 2-year lows as the US Dollar holds ground ahead of the Fed meeting today. Will GBP/USD rally from here?

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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...