EUR/GBP Surges Above 0.8700 as BoE Signals Pause in Rate Hikes Despite Crippling Inflation
The euro climbed above the pound sterling in early European trading. The cross has been supported by investors’ anticipation that the Bank of England (BoE)…
Posts Tagged: UK inflation
GBP/USD Hits Five-Week High After UK Inflation Data
GBP/USD goes past a five-week high and goes up to 1.2320 early Wednesday morning in London, despite the fact that UK inflation data was released….
GBP/JPY Falls Toward 164.00 as BOJ’s Kuroda Appears Cautiously Optimistic
GBP/JPY falls after BOJ’s comeback and Kuroda’s easing comments. Kuroda discusses growth and inflation in his press conference. BOJ didn’t adjust monetary policy, although the…
GBP/USD Maintains Over 1.2200, Needs Bullish Conviction
After going as low as 1.2200, the GBP/USD currency pair is now going above 1.2250. As people feel better about taking risks, the US dollar…