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Finance & Markets

British Pound holds gains above 1.3400 as hot CPI data fuels BoE rate hike bets

The GBP/USD pair posts modest gains near 1.3405 during the early Asian session on Friday. The British Pound (GBP) edges higher against the US Dollar (USD) as hotter UK September Consumer Price Index (CPI) data has bolstered expectations of a more hawkish stance from the Bank of England (BoE).

British Pound holds gains above 1.3400 as hot CPI data fuels BoE rate hike bets

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Japanese Market Sharply Lower

(RTTNews) - The Japanese market is trading sharply lower on Friday, extending the losses in the previous session, following the mixed cues from Wall Street overnight.

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