Wednesday , 18 December 2024
Home Forex Pound Sterling gains as BoE Bailey sticks to gradual easing approach
Forex

Pound Sterling gains as BoE Bailey sticks to gradual easing approach

The Pound Sterling (GBP) gains against its major peers on Thursday amid firm expectations that the Bank of England (BoE) will follow a gradual approach while lowering its key borrowing rates compared to other central banks.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

ECB’s Wunsch: There is no appetite to change inflation target

We're not going to make up for what is difficult on the...

ECB’s Wunsch: Impact of tariffs depends on reaction in the exchange rate

A larger euro depreciation would cushion the impact of tariffs on growthBut...

What are the main events for today?

The main highlight in the European session was the UK CPI report...

Japan tops annual visitor record in just 11 months this year

The number of foreign visitors in November was 3.19 million, just slightly...