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Sterling Hit by BoE Bailey; Aussie Suffers Amid Copper Price Decline

Sterling Hit by BoE Bailey; Aussie Suffers Amid Copper Price Decline
In the wake of comments from BoE Governor Andrew Bailey suggesting a potential pause in rate hikes, Sterling has taken a sharp downward turn overnight. Despite the expected 25bps hike yesterday, Bailey’s interview with Bloomberg TV sent ripples through the market, causing a broad sell-off of the Pound. With UK GDP data on the horizon, […] The post Sterling Hit by BoE Bailey; Aussie Suffers Amid Copper Price Decline appeared first on Action Forex... Read More
Posted: May 12 2023, 05:02
Author Name: actionforex
Views: 102233

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