Advertisement
Pound Mixed Ahead Of BoE Decision
(RTTNews) - The Bank of England's monetary policy announcement is due at 7:00 am ET Thursday. The BoE is widely expected to raise its key rate by 50 basis points to 1.75 percent from 1.25 percent.
Ahead of the decision, the pound traded mixed against its major counterparts. While it held steady against the franc, it rose against the rest of major rivals.
The pound was worth 163.44 against the yen, 1.2180 against the greenback, 0.8364 against the euro and 1.1685 against the franc at 6:55 am ET.
read more
U.S. Dollar Weakens As Tariff Concerns Ease
The U.S. dollar declined against its major counterparts in the New York session on Thursday, as worries about tariffs eased following the Trump administration's decision to delay car tariffs for Canada and Mexico by a month.
RTTNews
|
hace 3
U.S. Dollar Falls Amid U.S. Growth Concerns
The U.S. dollar weakened against other major currencies in the European session on Wednesday, amid growing worries about slowing U.S. economic growth and the effects of recently imposed tariffs.
Instead of being pro-growth and inflationary for the economy, as investors had previously predicted, they are expecting Trump's tariffs to slow down U.S. economic growth.
RTTNews
|
hace 4
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Wednesday.
RTTNews
|
hace 4
Pound Moves Lower On Trade War Fears
The pound fell against its most major counterparts in the New York session on Tuesday amid concerns that tariffs by U.S. President Donald Trump could trigger a slowdown in global growth.
RTTNews
|
hace 5
U.S. Dollar Falls On Weak U.S. Economic Data
The U.S. dollar weakened against other major currencies in the European session on Tuesday, as traders' confidence was tempered by weak U.S. economic data.
RTTNews
|
hace 5
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Tuesday.
RTTNews
|
hace 5
Pound Rises Amid Optimism Ukraine Peace Plan
The British pound strengthened against other major currencies in the European session on Monday, as investors react to the latest tariff news and Europe's peace efforts in Ukraine.
RTTNews
|
hace 6
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Monday.
RTTNews
|
hace 6
