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Thomson Reuters
May 01 - 03:48 PM
GBP/USD - Firm On Upbeat Brexit, Slightly Dovish Fed View
First appeared on eFXplus on May 01 - 02:15 PM
  • GBP/USD ending NorAm firm +0.47% at 1.3095, NY range 1.3101-1.3059
  • Fed holds rate maintains steady, patient stance; drops IOER 5bps
  • IOER cut and slightly dovish tilt on inflation weaken USD broadly
  • Pair lifts on upbeat Brexit view nL1N22D0KH, weak U.S. data nL1N22C1JP
  • BoE seen holding Thursday; Brexit & steady Fed, ECB to keep bank at bay

Chart: Click here

Source:
Thomson Reuters IFR Markets

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