The currency pair GBP/USD declines to 3-week-lows after the release of the BoE’s quarterly Inflation report

Market news

14 May 2014

The currency pair GBP/USD declines to 3-week-lows after the release of the BoE’s quarterly Inflation report

The currency pair GBP/USD declines to 3-week-lows after the release of the BoE’s quarterly Inflation report. The BoE left its GDP outlook at 3.4% for this year that indicates the BoE could delay the interest rate hike.

The currency pair USD/JPY declined to Y101.71

European stock markets mid session: stocks declined due to the weak earnings results from companies across Europe

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