Thursday, 21 September 2023

GBP Breaking News: BoE Hints at Peak Rates after Vote to Hold, GBP Offered

The BoE voted 5-4 to hold rates steady, pointing to a softer labour market, falling business sentiment and progress on inflation. GBP repricing takes effect as sterling drops

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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...