[ad_1] © Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Samuel Indyk and Rae Wee LONDON (Reuters) – The dollar touched a four-week peak against major peers on Thursday after upbeat labour market data a day earlier, while sterling remained lower after the Bank of
[ad_1] Share: The Bank of England (BoE) will announce its Interest Rate Decision on Thursday, August 3 at 11:00 GMT and as we get closer to the release time, here are the expectations forecast by the economists and researchers of 10 major banks. Read More… The Pound Sterling (GBP) remained subdued on Wednesday as investors await
[ad_1] © Reuters Investing.com – The U.S. dollar edged higher in early European trade Tuesday, while sterling fell as U.K. house prices slumped sharply as rising interest rates weighed. At 03:20 ET (07:20 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% higher at 101.865, after hitting a
[ad_1] Share: Pound Sterling extends recovery as the market mood turns cheerful. More interest rates by the Bank of England will elevate pressure on United Kingdom’s economic growth. UK first-time home buyers postpone demand as the housing sector faces headwinds from higher borrowing rates. The Pound Sterling (GBP) printed a fresh four-day high
