Thursday, 23 February 2023

GBP/USD Wilts Toward Key Retracement As Rate Prospects Support USD

Economic fragility in the UK and the prospect of higher interest rates for longer in the US add up to a toxic mix for Sterling bulls

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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...