Wednesday, 31 August 2022

British Pound (GBP/USD) Forecast: Nord Stream Shutdown Adds Fuel to Energy Crisis

GBP headwinds intensify as a major Russian pipeline stops gas flows to Europe leaving the pound vulnerable to further downside.

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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...