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Pound Drops After BoE Decision
(RTTNews) - The Bank of England hiked its key rate by 25 basis points to 1.25 percent from 1 percent, as expected. Following the decision, the pound fell against its major counterparts.
The pound was trading at 1.2088 against the greenback, 161.01 against the yen, 1.1875 against the franc and 0.8603 against the euro around 7:04 am ET.
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Yen Falls Against Majors
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The U.S. dollar weakened against other major currencies in the Asian session on Tuesday.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Thursday.
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