GBP/USD is stabilized after the BOE decision to keep the rates, geopolitical risks support the US dollar
The sterling pound (GBP) is quoted within family levels after reaching a minimum of four weeks of 1,3383, profits of more than 0.03% against the US dollar (USD) are recovered and after the decision of the Bank of England (BOE) of maintaining the rates without changes. The growing geopolitical risks continue to limit the GBP/USD, since the US dollar extended its recovery. Read more…
The sterling pound gives profits while the BOE maintains stable interest rates, with a majority of 6-3
The sterling pound (GBP) faces sales pressure compared to its main peers on Thursday, since the Bank of England (BOE) maintains stable interest rates at 4.25%. The BOE was expected to do this, since it guided a “gradual and careful” position towards the monetary expansion path at the May policy meeting, after a reduction of interest rates of 25 basic points (BPS). Read more…
GBP/USD maintains losses about 1,3400 before the BOE policy decision
GBP/USD remains moderate for the third consecutive session, quoting around 1,3410 during Thursday’s Asian hours. The Par faces challenges as the US dollar (USD) gains ground in the midst of a greater demand for safe refuge, driven by the growing tensions between Israel and Iran. In addition, it is widely anticipated that the Bank of England (BOE) maintains its stable interest rates at 4.25% at its June meeting scheduled for later in the day. Read more…
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
