British Sterling is in for its first weekly gain since February and its biggest weekly bull run since November last year, thanks to BoE member Kristine Forbes, who surprisingly voted for a hike of 25 basis points at this week's monetary policy meeting.
We at FxWirePro, however, don't see this run lasting for long, not beyond 1.26 against the dollar. Sterling is currently trading at 1.239 against the dollar.


Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan




