Sterling Shows Mixed Response to BoE; Dollar Faces Mounting Pressure

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-gbp146.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2020/03/f-gbp146.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/03/f-gbp146-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>In the wake of BoE’s decision to maintain interest rates unchanged, Sterling exhibited a mixed performance, gaining against Dollar yet faltering when paired with the Euro and commodity-linked currencies. The voting pattern at the BoE leaned slightly more hawkish than anticipated, but the newly projected rate path suggests the peak in interest rates was reached […]</p>
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