The 0.25% rise expected today will take the cash rate to 0.5% 38 of 42 analysts polled by Bloomberg also tip the hike Also, the BoE has signalled it will start the process of balance sheet reduction (
<ul><li><a href="https://www.forexlive.com/news/sp-and-fitch-have-both-not-changed-chinas-rating-nor-outlook-20231206/">S&P and Fitch have both not changed China�
The US Dollar has soared as capital spooked by the coronavirus outbreak flooded out of global financial markets and into the most liquid cash on offer. More of the same seems likely.
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