Tuesday, 3 May 2022

British Pound Forecast: Cable Near-Term Trading Bias Hinges on FOMC, BoE Guidance

The FOMC and the BoE will announce their May monetary policy decisions this week. Both banks are seen raising rates, but guidance regarding future moves will be more important for GBP/USD.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

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