GBP / USD has hung on to the range as the British wait for news regarding the state of the PM, reports FXStreet analyst Yohay Elam.
“Updates to St. Thomas Hospital in central London are few and far between – which keeps the British at the forefront and in the markets, keeping GBP / USD in a narrow range after an initial fall in response to Johnson’s admission to intensive care. ”
“The general market atmosphere is mixed. The first advances in S&P futures weigh slightly on the greenback. “
“Coronavirus headlines and especially PM state updates are expected to dominate trade during the day. Any improvement could boost the pound while worrying news could weigh on it. ”
“Late in the day, the Fed publishes its minutes from the last emergency meetings. The document may reveal how concerned officials were before making these decisions and perhaps what they have left over. “