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Pound Sterling sees heavy selling against major currencies after Bank of England’s announcement
The Bank of England’s decision to hold interest rates steady at 4% pressures the Pound Sterling, signaling potential further rate cuts. Expect a weakening GBP as UK economic data falters. – vtmarketsmy.com
Written on November 6, 2025 at 5:56 pm
Categories: Live Updates
Predictions for the Bank of England’s Monetary Policy Committee vote on rate hikes were achieved.
The Bank of England raised interest rates, impacting the Pound and commodities. While crude oil fell below $59, traders eye copper’s potential upside amidst mixed market sentiments and upcoming Federal Reserve commentary. – vtmarketsmy.com
Written on November 6, 2025 at 5:56 pm
Categories: Live Updates
The Bank of England’s MPC keeps the rate at 5, disappointing expectations
The Bank of England held interest rates steady at 4%, hinting at potential cuts ahead. Meanwhile, gold prices dipped and Solana remains robust, fueled by strong institutional demand. – vtmarketsmy.com
Written on November 6, 2025 at 4:57 pm
Categories: Live Updates
The Bank of England’s interest rate decision meets expectations at four percent.
The Bank of England keeps interest rates at 4%, amid a split vote hinting at future cuts. Gold prices drop below $4,000, while currency markets respond to global economic shifts. – vtmarketsmy.com
Written on November 6, 2025 at 4:57 pm
Categories: Live Updates
Despite a weaker US dollar, the New Zealand dollar holds steady above 0.5650 without clear direction.
The New Zealand Dollar struggles above 0.5650 amidst rising unemployment and weak economic signals. Speculations of interest rate cuts loom, pointing to a potential bearish trend for the Kiwi. – vtmarketsmy.com
Written on November 6, 2025 at 4:56 pm
Categories: Live Updates
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