BoE’s Pill Calls for Rate Hike to 4% as GBP/USD Extends Gains
Bank of England Chief Economist Huw Pill said he sees a need to raise the Bank Rate to 4% from…
Forex News
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Yen Extends Gains as Dollar Hits One-Month Low on BOJ Rate-Hike Bets
The dollar fell to a one-month low against the yen on Thursday as traders raised bets on a Bank of…
USD/JPY Slides Toward 155 as GPIF Speculation Fuels Yen Rally
The yen's rally pushed USD/JPY through 157.99 to around 156 on Thursday, bringing the 155 area back into range even…
Yen Rallies as USD/JPY Pulls Back From ¥160 on Renewed Intervention Threat
USD/JPY fell from near ¥160 to around ¥156 this week as traders priced in the risk of fresh Bank of…
ECB set to raise rates a second time in September, then pause, economists say
The European Central Bank will raise its deposit rate by a quarter-point to 2.50% on September 10, a Reuters poll…
