Spain 3-Month Letras Auction climbed from previous -0.487% to -0.417%

May 16, 2017

Spain 9-Month Letras Auction declined to -0.384% from previous -0.334%

GBP/USD takes a sharp U-turn post-UK CPI, drops to 1.2875

The bulls ran into 1.2950 resistance following the release of UK CPI report, knocking-off the GBP/USD pair sharply in a bid to test Monday’s low at 1.