On Thursday, June 6th, the European Central Bank (ECB) is expected to announce a cut to interest rates, which may have far-reaching implications for Eurozone economies as well as global forex markets.
After a shift in the UK's economic policy and the appointment of a new Exchequer Chancellor in the UK, the British pound climbed against the US dollar and the Euro yesterday.
The Pound sterling dropped on Wednesday in the wake of developments in U.K. public health and monetary policy; will its Thursday morning recovery continue?
The European Central Bank meets today to decide whether or not to change the Euro interest rate and to provide guidance on the organization’s plans for quantitative easing. Will it continue its dovish monetary policies as Europe's economy recovers?
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