The GBP/JPY extended its recovery from two-month lows, reaching levels above 180.00 following the Bank of England's (BoE) decision to leave interest rates unchanged.
Blogs
Breaking: BoE leaves interest rate unchanged at 5.25% as forecast
In the finale of 2023, the Bank of England (BoE) is expected to keep its key interest rate unchanged for a third consecutive meeting on Thursday.
European Central Bank Preview: ECB to deliver no surprises at last interest rate decision of the year
At the October meeting, the European Central Bank (ECB) kept interest rates unchanged after an unprecedented 450 basis points increase in rates within less than two years.
EUR/GBP drops below 0.8600 after a hawkish BoE statement
The Euro pares gains as the BoE boosts the GBP The Bank of England stands pat and keeps the door open for further tightening.
Natural Gas prices steady as slowdown takes breather
Natural Gas (XNG/USD) is continuing its decline despite its brief bounce on the back of the dovish US Federal Reserve (Fed) rate decision.
Pound Sterling strengthens as BoE maintains status quo
The Pound Sterling (GBP) extended rally to near 1.2700 against the US Dollar after the Bank of England (BoE) maintained interest rates steady at 5.25% in the finale of 2023.
Pound Sterling Price News and Forecast: GBP recovers further ahead of BoE policy meeting
GBP/USD gathered bullish momentum and advanced to a 10-day-high above 1.2600 on Thursday.
US Dollar weakens sharply as Powell turns dovish
The US Dollar (USD) underwent a very harsh correction on Wednesday during the speech from US Federal Reserve (Fed) Chairman Jerome Powell. Markets disregarded all the remarks on the possibility of more hikes
United Kingdom BoE MPC Vote Rate Hike meets expectations (3)
United Kingdom BoE MPC Vote Rate Hike meets expectations (3)
United Kingdom BoE MPC Vote Rate Unchanged meets forecasts (6)
United Kingdom BoE MPC Vote Rate Unchanged meets forecasts (6)