Sterling Hits 12-Week Low Against Dollar on BOE-Fed Divergence — Market Talk
0854 ET - Sterling falls to a 12-week low against the dollar as the Bank of England's cautious stance on raising interest rates diverges from the Federal Reserve tightening policy. Markets are betting on further U.S. rate rises after the Fed lifted rates by 25 basis points last week and pointed to…
0854 ET - Sterling falls to a 12-week low against the dollar as the Bank of England's cautious stance on raising interest rates diverges from the Federal Reserve tightening policy. S. rate rises after the Fed lifted rates by 25 basis points last week and pointed to…