Conservatives confident they can break through Labour’s ‘red wall - FT

The latest gated Financial Times (FT) reports that the UK ruling Conservatives Party is feeling confident in executing their election strategy by breaking down Labour's 'red wall'.

The rebound in the GBP/USD pair is finding extra legs from this report, as it attempts to regain the 1.3150 level, having tested bids near 1.3110 region once again.  

  • GBP/USD recovers a major part of the early slide, back near mid-1.3100s

GBP/USD recovers a major part of the early slide, back near mid-1.3100s

The GBP/USD pair held on to its mildly weaker tone through the early European session on Wednesday, albeit has managed to recover a major part of its
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Fed may cut once more – Danske Bank

Ahead of the highly anticipated FOMC decision, scheduled later during the US session on Wednesday, Mikael Olai Milhøj – Senior Analyst at Danske Bank
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