Tag: Interest rates
Dollar Index Awaits Inflation Data & Powell’s Testimony – London Business News
The U.S. Dollar Index (DXY) has been holding steady around the 108.00 level, with investors eagerly anticipating the release of U.S. inflation data and the continuation of Jerome Powell’s testimony before Congress. As the...
Sterling Risks: Bank of England Rate Cut Concerns – London Business Updates
The British pound saw some stability on Friday, following a rebound on Thursday, but concerns about a potential Bank of England rate cut remained. The pound remained close to recent lows as investors monitored...