The Japanese yen is slightly lower on Friday. In the European session, USD/JPY is trading at 141.75, up 0.27%. The US dollar has taken a tumble in recent weeks against most of the major currencies, including the yen. Since mid-November, the yen has jumped 6.4% against the ailing US dollar. This has relieved pressure on […]
We expect the Bank of England (BoE) to keep the Bank Rate unchanged at 5.25% on 14 December, which is in line with current market pricing. Overall, we expect the MPC to stick to its previous guidance emphasising the “higher for longer” approach and pushing back on market pricing of rate cuts. We expect a […]
The post Bank of England Preview – We Still Favour the Topside in EUR/GBP appeared first on Action Forex.
Share
