Friday, 22 September 2023

Sterling Slump Continues after Disappointing UK Retail Sales

The pound remains vulnerable to further selling as worse than expected retail sales data adds to the post-BoE selling. Later, subdued UK PMI forecasts add to the mix

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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...