British Pound Update – GBP/USD Stuck in a Rut Ahead of The BoE

Sterling is stuck in a holding pattern ahead of tomorrow’s Bank of England monetary policy decision where the central bank is expected to hike interest rates by 50bps.

from DailyFX – Market News https://bit.ly/3QcClKc
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US Dollar Solid After Fed Kiboshes Pivot Perception to Send Treasury Yields Higher

The US Dollar firmed overnight after Fed speakers hosed down any idea that they were stepping back from their fight on inflation. Will geopolitics impact USD?

from DailyFX – Market News https://bit.ly/3Bznl5b
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