GBP/USD stabilizes before central bank events – FXStreet

GBP/USD hovers around 1.3300 as Fed and BOE prepare to make announcements. Fed likely to maintain current interest rates while policymakers’ discussions take center stage. BOE anticipated to introduce another quarter-point rate reduction this week. GBP/USD began the new trading week, breaking a short-term losing streak and stabilizing near the 1.3300 mark. While the pair […]

EUR/USD halts recent decline as US Dollar stabilizes – FXStreet

EUR/USD is struggling with a solid footing of nearly 1.0800 as the USD index clings to get it near a three-week high of 104.40. Investors are awaiting US PCE inflation data on Friday for fresh interest rate guidance. ECB Villeroy supports further declines in key borrowing rates. EUR/USD is striving to win the ground after […]