Monday, 12 June 2023

GBP/USD Up, Below Recent Highs As Markets Look To Fed

Markets believe the Bank of England has much more rate-rising to do than the Fed now if prices are to be held in check

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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...