Pound Rebounds After BoE Decision

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Pound Rebounds After BoE Decision

(RTTNews) - As expected, the Bank of England raised its key rate by 50 basis points to 4 percent from 3.50 percent. Following the decision, the pound recovered against its major counterparts.

The pound was trading at 1.2368 against the greenback, 158.17 against the yen, 1.1244 against the franc and 0.8896 against the euro around 7:04 am ET.

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Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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Swiss Franc Weakens Against Majors

Swiss Franc Weakens Against Majors

The Swiss franc fell against its major counterparts in the New York session on Wednesday. The franc edged down to 1.1182 against the pound and 0.8436 against the greenback, from an early high of 1.1117 and a 5-day high of 0.8324, respectively.
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Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the European session on Wednesday.
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U.S. Dollar Extends Slide On Soft Inflation Data

U.S. Dollar Extends Slide On Soft Inflation Data

The U.S. dollar extended its early weakness against other major currencies in the Asian session on Wednesday, as inflation slowed more than expected in April, raising hopes of further easing by the Federal Reserve.
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