Dollar vs Pound: Greenback could drop on big Bank of England rate hike - Markets Insider


7/28/2022 12:00:00 AM2 years 9 months ago
by Carla Mozée

The BOE could hike its key rate by 50 basis points. Meanwhile, forget about a Fed rate-hike 'hat trick' of 75 basis points, says Forex.com.

The Bank of England could soon issue its largest rate increase in nearly 30 years, knocking down the US dollar to a nearly two-month low against the British currency, a Forex.com analyst said Thursda… [+2188 chars]

full article...