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GBPUSD - US payrolls set to confirm enormous hit to US labour market
Another positive day for US markets yesterday saw the Nasdaq wipe out its losses for the year, as the divergence between Wall Street and Main Street became ever wider. It almost appears that the worse ...
Euro still weakening, but trend line support could hold
The euro lost the 1.0818 handle as it extended declines from the previous session. However, prices are now trading near the trend line form the daily chart. Overall, the EURUSD is consolidating into ...
Coronavirus: Pound jumps amid lockdown easing hopes and BOE holding rates
The pound US dollar jumped in early trading on Thursday after the Bank of England (BOE) held interest rates and hopes increased that UK lockdown will start easing immi ...
GBP/USD: Pound Sterling Ekes Out Gain After BoE Signals Expanded QE
With the BoE expecting to see the UK economy contract by as much as -25% in the second quarter of 2020 there appeared little reason to favour the Pound over its rivals on Thursday. As two members of ...
GBP/USD volatile after BoE Decision
The GBPUSD pair was volatile on Thursday and was seen somewhat higher on the day during the US session, changing hands at around 1.2350. Earlier in the day, the Bank of England's Monetary Policy ...