Breaking: GBP/USD drops below 1.2000 for the first time since March 2020

The GBP/USD pair hit levels under 1.2000 for the first time since March 2020. The pound remains under pressure even as market participants expect a rate hike from the Bank of England on Thursday.

EUR/USD erases gains as Wall Street turns negative

The EUR/USD continue to pull back after the beginning of the American session and it is hovering around 1.0410, slight above Monday’s close. Earlier o
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S&P 500 remains pressured and surrendered 3800 as investors brace for Fed

US stocks continue their rout, losing between 0.26% and 0.56%, except for the heavy tech Nasdaq Composite, which pares some of its losses, up by 0.25%
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