Pound Sterling plummets as two BoE members favor 50 bps interest rate cut
The Pound Sterling faces pressure against its major peers as all nine BoE MPC members favored a 25-bps reduction in interest rates to 4.5%. Soft CPI inflation data in December and weak labor demand in three months ending November boosted BoE dovish bets.
The pound rose to its highest in a month on Wednesday as the dollar retreated further after surging two days ago on the ...
Investors are positioning for more weakness in the pound after the Bank of England’s latest policy decision cemented their ...
GBP/USD lost its traction and dropped to a multi-day low below 1.2400 on Thursday following the Bank of England's (BoE) ...
The pound edged lower against the euro on Tuesday after recording its biggest daily rise in three months a day earlier as ...
GBP/NZD dropped sharply on Thursday as a dovish Bank of England rate cut heightened expectations of further cuts. The BoE cut ...
NEW YORK/GDANSK >> The yen touched an eight-week high versus the dollar today after a Bank of Japan policy board member ...
U.S. shares held steady after European equities hit a record high, and gold prices were near an all-time peak as investor ...
All three main U.S. share benchmarks were marginally higher in early trading, with the S&P 500 gaining 0.2% to 6,073 ...
Sterling fell against the dollar and its appreciation potential looks limited after the BOE cut rates by 25bp to 4.5%.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback