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  • Sterling Plummets as BoE Hints on Negative Rates, Yen Surges
  • Market & Economic

Sterling Plummets as BoE Hints on Negative Rates, Yen Surges

Stock Hedges 4 months ago 1 min read

Sterling drops broadly today as BoE minutes indicated that the central bank is already discussing implementation negative interest rates. On the other hand, Yen is currently the strongest one, extending this week’s strong rally. Risk aversion and falling treasury yields are both helping the Yen higher. Dollar lost some momentum after initial post-FOMC rise, but […]

The post Sterling Plummets as BoE Hints on Negative Rates, Yen Surges appeared first on Action Forex.

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