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GBPUSD Dips Ahead of ECB Decision as US China Trade Deal Eases Market Tensions

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The Story

News Summary

  • GBPUSD dipped slightly amid cautious market sentiment ahead of the ECB rate decision.
  • US-China trade talks progressed with significant agreements on agriculture, energy, and fentanyl cooperation, easing trade tensions.
  • BOJ held rates unchanged, supporting the USDJPY rise.
  • US yields edged higher post-FOMC, while US stocks showed mixed reactions.
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GBPUSD price history

1.35 +1.50% over the displayed period

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