GBP

The UK GDP has grown more than expected as the indicator has reached 0,3% on May as compared to its negative -0,4% growth on April.

USD

US Dollar declined on Wednesday after the statement of Jerome Powell. The Head of the Fed has underlined the increasing risks of stagflation, slow growth of other big economics, business investments decline and trade wars. All those factors may make the Fed to ease their monetary policy.

Many FOMC members see the possibilities to decrease Interest Rates. They have mentioned that risks for the US economics has grown and the economics has lost its momentum.