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Sterling Shows Mixed Response to BoE; Dollar Faces Mounting Pressure
In the wake of BoE’s decision to maintain interest rates unchanged, Sterling exhibited a mixed performance, gaining against Dollar yet faltering when paired with the Euro and commodity-linked currencies. The voting pattern at the BoE leaned slightly more hawkish than anticipated, but the newly projected rate path suggests the peak in interest rates was reached […] The post Sterling Shows Mixed Response to BoE; Dollar Faces Mounting Pressure appeared first on Action Forex...
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Posted: Nov 2 2023, 12:57
Author Name: actionforex
Views: 112211