Wednesday, 22 June 2022

British Pound: UK Inflation Remains at Multi-Decade Highs, GBP/USD Nudges Higher

UK inflation nudged higher in May, keeping the pressure on the Bank of England to take a more aggressive stance on hiking interest rates.

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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...