GBP Breaking News: BoE Defies Market Estimates with 50bps Rate Hike
The Bank of England unpredictably raised rates by 50bps to 2.25% after an aggressive Fed yesterday.
Source: dailyfx.com
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The Bank of England unpredictably raised rates by 50bps to 2.25% after an aggressive Fed yesterday.
GBP/USD looks to re-test last weeks lows ahead of a key central bank week.
GBP/USD is crumbling under the strength of the U.S. dollar as markets look forward to the upcoming BoE and Fed interest rate decisions
GBP/USD remained buoyed after better than expected jobs data on Tuesday as markets eagerly await U.S. inflation figures later today.
GBP/USD extends its move lower this morning as the dollar remains supported ahead of Fed speakers later this afternoon.