GBP/USD measures depth around 1985 levels above 1.1200 as BOE rate hike looms – by anilpanchal7 GBPUSD RiskAppetite BOE Russell Fed
Cable pair justifies the broad US dollar strength amid the risk-aversion while also portraying the market’s pessimism ahead of the Bank of England’s monetary policy meeting.
It should be noted that the firmer yields and the downbeat equities, as well as stock futures, direct the risk-averse traders towards the US dollar. As a result, US Dollar Index takes the bids to refresh the two-decade top as it rises to 111.65, up 0.22% intraday near 111.60 at the latest.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GBP/USD licks Fed-linked wounds at 37-year low under 1.1300, focus on BOE, RussiaGBP/USD bears take a breather at the fresh low since 1985, portrayed after Fed-inspired losses, as traders brace for the Bank of England’s (BOE) monet
Read more »
GBP/USD seesaws around 1.1330 after hitting YTD lows around 1.1230s as Powell speaksGBP/USD seesaws around 1.1330 after hitting YTD lows around 1.1230s as Powell speaks – by christianborjon GBPUSD Majors CentralBanks Fed InterestRate
Read more »
Gold Price Forecast: XAU/USD bears brace for Fed’s rate hike around $1,660Gold price (XAU/USD) portrays the pre-Fed anxiety as bears flirt with $1,665 inside an immediate trading range during Wednesday’s Asian session. That
Read more »
British Pound Latest: GBP/USD Rebound Looks Tepid Ahead of Fed and BoE DecisionsThe British Pound is trying to move higher against the US dollar but is finding life difficult despite the greenback showing signs of short-term weakness. Get your market update from nickcawley1 here:
Read more »
EUR/GBP oscillates around 0.8760 ahead of BOE policyThe EUR/GBP pair is displaying topsy-turvy moves in a narrow range of 0.8758-0.8767 range as investors are awaiting the announcement of the interest r
Read more »
How rapidly rising mortgage rates are squeezing prospective homebuyers: 'Do the math'Mortgage rates have more than doubled since January, lenders and real estate companies say, spurred by aggressive interest rate increases as the Fed attempts to curb high inflation.
Read more »