Sterling Gains on Cautious BoE, Investors Embrace Fed’s Message
Sterling surged notably today and reached its highest level against Dollar since March 2022. The move followed BoE’s decision to hold interest rates steady as expected. The surprise came from Deputy Governor Dave Ramsden, who chose not to vote for a rate cut. The overall tone from BoE suggests that while further rate cuts are […] The post Sterling Gains on Cautious BoE, Investors Embrace Fed’s Message appeared first on Action Forex.
Sterling surged notably today and reached its highest level against Dollar since March 2022. The move followed BoE’s decision to hold interest rates steady as expected. The surprise came from Deputy Governor Dave Ramsden, who chose not to vote for a rate cut. The overall tone from BoE suggests that while further rate cuts are […]
The post Sterling Gains on Cautious BoE, Investors Embrace Fed’s Message appeared first on Action Forex.