Currencies

Fx Traders Upgraded Forecast of BoE’s Future Rate Hikes as Inflation Remains Stubbornly High

 Currencies

The pound Sterling held steady against the dollar and euro after an initial spike during today’s, June 22, volatile trading session following the Bank of England's, BoE, decision to raise interest rates by a chunky 50 basis points.

June 22, 2023

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With Indecisive BoE Policy and Renewed Brexit Tensions, British Pound Risks Intensifying Decline Against USD

With Indecisive BoE Policy and Renewed Brexit Tensions, British Pound Risks Intensifying Decline Against USD

On Thursday, the Bank of England’s decision to leave the Bank’s Rate at 0.1% was not surprising at all.

November 8, 2021

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