Pound Mixed Ahead Of BoE Decision

RTTNews | 875 days ago
Pound Mixed Ahead Of BoE Decision

(RTTNews) - The Bank of England's monetary policy announcement is due at 7:00 am ET Thursday. The BoE is widely expected to raise its key rate by 50 basis points to 3.50 percent from 3 percent.

Ahead of the decision, the pound traded mixed against its major counterparts. While it rose against the yen and the euro, it held steady against the franc and the dollar.

The pound was worth 1.2345 against the greenback, 168.65 against the yen, 1.1453 against the franc and 0.8606 against the euro at 6:55 am ET.

read more
Pound Recovers After BoE Monetary Policy Announcement

Pound Recovers After BoE Monetary Policy Announcement

The British pound recovered from its recent lows against other major currencies in the early New York session on Thursday, after the Bank of England decided to reduce its interest rate by 25 basis points in a three-way split.
RTTNews | 16h 36min ago
Pound Recovers Against Majors

Pound Recovers Against Majors

The British pound recovered from its recent lows against other major currencies in the early New York session on Thursday.
RTTNews | 16h 52min ago
U.S. Dollar Rises Amid U.S. Trade Deal Optimism

U.S. Dollar Rises Amid U.S. Trade Deal Optimism

The U.S. dollar strengthened against other major currencies in the European session on Thursday, after U.S. President Donald Trump said he would announce "a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY," without giving further details.
RTTNews | 20h 12min ago
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | 1 day ago