GBP/USD
News background:
The British pound remained under pressure amid weakness of the UK economy with the additional pressure it receives by becoming ever more positive attitude of investors to the U.S. currency due to expectations of rising rates of economic recovery.
Technical picture:
Pair is below 1.4900, and in …
Forex market traders are confused ...
Still in the financial markets is a critical factor in the idea that the Fed will pump up the financial system with liquidity. And this is really the one hand that way, but the other recent data from the U.S. labor market were much …
News background:
The market expects the ECB's rate decision and attempts to identify what M. Draghi will say about political issues in Spain and Italy. If he says something negative, it certainly would put pressure on the euro.
Technical picture:
From a technical point of view, a pair remains in …
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