The GBP bears have fought back control, as speculations surrounding an imminent rate hike by the Bank of England (BOE) die down after the Fed disappointment on Wednesday.
The Fed tapering its bond-buying by $15 billion per month but at the same time, Chair Jerome Powell said that they remain patient on the interest rate hikes until their maximum employment goal is accomplished. He also tweaked the wording around inflation, noting that rising price pressures are ‘expected to be transitory.’
In the lead-up to the BOE rate decision, the CME BOEWatch tool shows a 55% probability of a rate lift-off at the central bank’s November meeting. Although it could be a close call for the BOE policymakers as they continue to assess the inflation and Brexit risks #FlashNews# #fundamentalsanalysis#
#CảnhbáosànForexlừađảo# #GBP/USD# #EdukasiForex# #SáchForexTôiYêu# #ChienLuocChienThangForex#
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