- Sterling falls to its lowest in seven months against a firmer U.S. dollar ahead of a Bank of England interest rate decision at 11:00 GMT, where rates are expected to be left on hold at 0.5%
Market news
21 June 2018
Sterling falls to its lowest in seven months against a firmer U.S. dollar ahead of a Bank of England interest rate decision at 11:00 GMT, where rates are expected to be left on hold at 0.5%
Sterling falls to its lowest in seven months against a firmer U.S. dollar ahead of a Bank of England interest rate decision at 1100 GMT, where rates are expected to be left on hold at 0.5%. All eyes will be on any hints on the timing of the next interest rate rise, and Morgan Stanley says a "lack of strong new guidance" pointing to a rate increase in August could see sterling come under pressure.
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