The dollar fell against the British pound Wednesday after minutes from
the Bank of England and Federal Reserve latest meetings showed both
central banks are examining ways to eventually tighten monetary policy,
with expectations still for the U.K. bank to make the first move.
The pound
GBPUSD
-0.17%
rose to $1.6899 from $1.6842 late Tuesday. That’s the highest level since May 8, according to FactSet.
The dollar USDJPY +0.15% rose to 101.44 yen from ¥101.29 late Tuesday, reversing an earlier loss. The dollar fell as low as ¥100.82 earlier Wednesday after the Bank of Japan made no change to monetary policy.
The euro EURUSD -0.05% fell to $1.3683 from $1.3703 late Tuesday
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The pound
GBPUSD
-0.17%
rose to $1.6899 from $1.6842 late Tuesday. That’s the highest level since May 8, according to FactSet.The dollar USDJPY +0.15% rose to 101.44 yen from ¥101.29 late Tuesday, reversing an earlier loss. The dollar fell as low as ¥100.82 earlier Wednesday after the Bank of Japan made no change to monetary policy.
The euro EURUSD -0.05% fell to $1.3683 from $1.3703 late Tuesday
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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