Thursday, 16 December 2021

Bank of England Increases UK Interest Rate, GBP/USD Jumps

The Bank of England has raised its benchmark UK interest rate to 0.25% from 0.1%, sending GBP/USD higher.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...