Pound is led by Dollar

As dollar makes a stronger influence on Forex, the GBP/USD follows the news from the USA

All unhappy countries are alike, each happy country is happy in its own way. The coronavirus and the associated recession have set the states in an equal position. Almost all countries expect a substantial drop in the GDP rate, a surge in unemployment, and a slowdown in inflation resulted from a decline in consumer activity. Central banks all over the world are aggressively cutting the interest rates, the governments stimulate the economies with large fiscal stimuli. Besides, the currency rates are determined by the…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>