Daily Market Updates: British Pound hovers around 1.34 as BoE hike bets outshine Fed doubts

Forex

Home›Forex›Major Pairs›British Pound hovers around 1.34 as BoE hike bets outs…

British Pound hovers around 1.34 as BoE hike bets outshine Fed doubts

Reported · Written up by our desk · Major Pairs

The Pound Sterling (GBP) drifts slightly higher against the US Dollar (USD) on Friday as traders seem confident the Bank of England (BoE) will raise rates next week, while traders trim hawkish bets on the Federal Reserve (Fed) despite solid US data released on Thursday.

← Newer storyPrivate equity in your 401(k)? Heed Warren Buffett’s warning.Older story →$711 million is sitting in the commission suit settlement fund, so wh…

More like this

ForexVietnam: Strong growth complicates inflation fight – DBS

ForexJapanese Yen holds firm after BoJ’s hawkish hold

ForexSingapore Dollar: Rebound seen relatively capped against US Dollar – OCBC

ForexFed’s Logan calls for two more rate hikes; pause won’t alter path

ForexThai Baht: BoT cautious on normalisation, downside persists – Commerzbank

Sources

FXStreetBritish Pound hovers around 1.34 as BoE hike bets outshine Fed doubts

Forex

British Pound hovers around 1.34 as BoE hike bets outshine Fed doubts

More like this

Sources

Get the close, explained.