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Pound Climbs After BoE Decision
(RTTNews) - As expected, the Bank of England kept the bank rate unchanged at 5.25 percent. Following the decision, the pound firmed against its major counterparts.
The pound was trading at 1.2215 against the greenback, 183.59 against the yen, 1.1045 against the franc and 0.8710 against the euro around 8:05 am ET.
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Yen Rises Against Majors
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation
The U.S. dollar continued to trade lower against other major currencies in the European session on Wednesday, as the U.S. Consumer Price Index data from July has raised expectations that the Fed would lower interest rates in September.
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