British Pound gains ground as US Dollar struggles ahead of Fed decision

British Pound gains ground as US Dollar struggles ahead of Fed decision

GBP/USD edges higher after remaining flat in the previous day, trading around 1.3300 during the Asian hours on Wednesday. The currency pair gains ground as the US Dollar (USD) struggles ahead of the Federal Reserve’s (Fed) upcoming policy decision. While the central bank is widely expected to leave interest rates unchanged, traders are currently pricing in an unusually high 30.5% chance of an immediate rate hike, signaling notable uncertainty ah…

British Pound Slips Against Japanese Yen As Markets Eye BoE And BoJ Policy Decisions

BitcoinWorld British Pound Slips Against Japanese Yen as Markets Eye BoE and BoJ Policy Decisions The British pound edged lower against the Japanese yen during early European trading on Tuesday, as traders trimmed bullish sterling positions ahead of key central bank policy updates from both the Bank of England and the Bank of Japan later this week. The GBP/JPY cross slipped to around 191.20, extending its retreat from last week’s highs near 193…

Pound Holds at $1.32 as Forex Traders Freeze Before Fed Rate Call

The British pound isn’t going anywhere. Sitting at roughly $1.32 against the dollar, it’s basically been glued there for sessions… Read the original on Pound Holds at $1.32 as Forex Traders Freeze Before Fed Rate Call. For more crypto news and analysis, visit TheCurrencyAnalytics.com.