GBP/USD is on the rise amid calm from the BOE on the coronavirus crisis while the US dollar is hit after California announced an emergency. Brexit talks continue without any harsh rhetoric, Yohay Elam from FXStreet reports. Key quotes “Andrew Bailey, the incoming Governor of the Bank of England is ready to cut interest rates from 0.75% down to 0.10% – but only if necessary. “California has declared a state of emergency after the first death due to coronavirus. The economic impact may be severe. While Washington has also stepped up its game with a special budget of around $8 billion, investors seem to assess that it is too little.” “Talks between the EU and the UK continue in Brussels. Contrary to the harsh rhetoric seen last week, the mood seems calm. Miche Barnier, Chief EU negotiator, said that both sides are making good progress.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK PM Johnson spokesman: No need to extend Brexit transition period due to coronavirus FX Street 2 years GBP/USD is on the rise amid calm from the BOE on the coronavirus crisis while the US dollar is hit after California announced an emergency. Brexit talks continue without any harsh rhetoric, Yohay Elam from FXStreet reports. Key quotes “Andrew Bailey, the incoming Governor of the Bank of England is ready to cut interest rates from 0.75% down to 0.10% – but only if necessary. “California has declared a state of emergency after the first death due to coronavirus. The economic impact may be severe. While Washington has also stepped up its game with a special budget of around $8… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
