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Thomson Reuters
Apr 10 - 03:48 PM
GBP/USD - Dovish ECB, Steady Fed, Benevolent EU Leaders Give GBP/USD A Lift
First appeared on eFXplus on Apr 10 - 02:10 PM
  • GBP/USD ending NY firm +0.51% at 1.3116; NorAm range 1.3130-1.3056
  • Pair whipsawed after ECB hold, dovish lean; rallied from NY low 1.3056
  • EU leaders favor soft-Brexit tenor of delay meaningless w/o parliament deal
  • EUR/GBP -0.36% ending NY 0.8595; Wed range 0.8632-0.8592 nL1N21S0UC
  • Dovish ECB- all instruments available, risks tipped to downside nAPN006WU5
  • Fed still 'patient' on rates, mulling balance sheet policy nFOMAFEF4G

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