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Pound (GBPUSD=X) Sterling edged 0.2% higher against the dollar to $1.3007 on Tuesday as traders awaited crucial guidance on the trajectory of UK interest rates from Bank of England (BoE) governor Andrew Bailey, who is scheduled to deliver a speech later on Monday. However, further gains for the po...
The euro made losses in most of its pairs in the aftermath of the cut from the European Central Bank (‘the ECB’) as it seemed clear from comments at the subsequent press conference that cuts will continue at least into the second quarter of next year. By comparison, the Federal Reserve (‘the F...
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