Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

The British Pound heads into a Bank of England hike priced well beyond this one

The Bank of England (BoE) is forecast to raise the UK's Bank Rate to 4.00% from 3.75% on Thursday, and money markets have three more hikes priced after that one. GBP/USD holds just above 1.3400 and its 200-day Exponential Moving Average (EMA), on track for a fifth straight gain.

The British Pound heads into a Bank of England hike priced well beyond this one

We haven't written up this one. FXStreet has the full story — the link below goes straight to it.

Read the original at fxstreet.com →

More in Finance & Markets

More from Tuesday 3 November →