Central Banks

ForexNewsPlus Updates

GBP/USD Eyes September After BoE Holds Rates

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GBP/USD is currently positioned at 1.3378 following the Bank of England’s decision to maintain the Bank Rate at 3.75%, a choice reached by a 6–3 vote. This marks the fifth consecutive hold and the fifth instance of such a decision this year. The pair commenced the session at 1.3369, subsequently declining 0.2% to 1.3341 during … Read more

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USD/JPY slips as dollar weakens ahead of key central bank decisions

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The USD/JPY pair concluded the week at approximately ¥155.80, reflecting an increase of about 0.30% and successfully ending a two-week decline. The price has fluctuated throughout the month, hovering around the ¥155 mark on the lower end and the ¥158 level on the upper end. The two levels currently delineate the immediate area of contention. … Read more

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