FOREX-British pound gains boost from BoE, dollar looks to inflation data ...Middle East

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FOREX-British pound gains boost from BoE, dollar looks to inflation data
source : Devdiscourse ( Middle East ) () 31
The British pound held firm near a three-month high against the dollar on Friday on rising expectations of an earlier than expected rate hike by the Bank of England, while the U.S. currency looks to upcoming inflation data. The British pound held firm at $1.4203 after a gain of 0.58% on Thursday after a Bank of England policymaker said the central bank was likely to raise rates well into next year.

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