Sterling Suffers as BoE Treads Cautiously with 25bps Rate Hike; Dollar Maintains Weekly Lead

<p>Sterling falls significantly today following BoE’s decision to raise interest rates by only 25bps. This cautious, along with Governor Andrew Bailey’s clear indication that a 50bps hike was not on the table, has resulted in substantial pressure on the Pound. Meanwhile, currency markets remain mixed elsewhere, with Canadian and US Dollar on the softer side, […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/market-overview/512848-sterling-suffers-as-boe-treads-cautiously-with-25bps-rate-hike-dollar-maintains-weekly-lead/">Sterling Suffers as BoE Treads Cautiously with 25bps Rate Hike; Dollar Maintains Weekly Lead</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>