Pound surges after Bank of England holds rates in hawkish vote

FXStreet··Read original
3▲1 ▼1Impact / 5
Summary · why it matters

The British Pound strengthened against the US Dollar after the Bank of England held interest rates unchanged in a 6-3 vote, a decision seen as hawkish. Suspected intervention to boost the Japanese Yen further weakened the Greenback against most G8 currencies. GBP/USD traded at 1.3430, up 0.40%.

Impact on assets 2

Others± Mixed · 2 stocks
© 2026 MarketIVNews