The British currency was the top performer of the week. There was a lively week for the pound, which began with a public row between London and Brussels.
Tag: BoE
The common currency rose to its highest against the US dollar since the 28th of August. The reopening of trade negotiations following USA’s invitation to China buoyed euro, as traders’ sentiment improved.
As traders widely expected, Bank of England raised interests from 0.50% to 0.75% after nine years.
The Japanese currency dropped against the US Dollar and is set to register its biggest daily loss in 3 weeks. Let’s find out how has the BOJ policy meeting been concluded.
EU-US Trade war on hold: US President Trump, having the European Commission President by his side, announced that EU and USA will refrain from other tariffs.