[GBP/USD] Bank of England (BOE) Holds Rates and U.S. Interest Rates
At yesterday’s Bank of England (BOE) meeting, the policy rate was kept at 4.0% as expected. After this, the pound rose to 1.3660, but this became the day’s high, and …
At yesterday’s Bank of England (BOE) meeting, the policy rate was kept at 4.0% as expected. After this, the pound rose to 1.3660, but this became the day’s high, and …
In today’s BOE (Bank of England) meeting, interest rates are expected to remain unchanged. However, depending on the statement, there is a high risk of the pound moving lower. After …
The British pound fell sharply the day before because of worries about government finances and politics. But yesterday, the pound rebounded as traders bought it back. Recently, Prime Minister Starmer …
In the Tokyo market, the British pound started weak. Rising U.S. long-term interest rates and selling pressure pushed it down from around 1.35. When the London market opened, selling increased …
Last week, the British pound (GBP) reached this year’s highest value at 1.3788, but since then, it has slowly gone down. Today, the market is watching the UK’s May GDP …
At first, the British pound went down to 1.3383 because people were buying US dollars due to worries about a possible US attack on Iran. Later, news said the US …
The British pound rose above 1.30 after the Federal Open Market Committee (FOMC) meeting showed a softer stance than expected. However, in the European market, the pound fell as traders …
Yesterday, during London trading hours, BOE MPC member Mann said that the Bank of England (BOE) will continue its tight monetary policy in the future. This was surprising because, in …
Last week, the Bank of England (BOE) lowered interest rates by 0.25% to 4.5%, as expected. However, two of the nine BOE members wanted a bigger cut of 0.5%, making …
Yesterday, the UK December Consumer Price Index (CPI), including core CPI, came in lower than expected, causing the pound to weaken. Additionally, comments by MPC member Taylor, suggesting it makes …