GBP to INR hits five years high after the Central Bank of England and the Reserve Bank of India (RBI) kept the interest rates unchanged.
The Bank of England (BoE) kept rates unchanged at record low levels of 0.1% and left the asset purchases programme unchanged. Andrew Haldane voted against an increase of purchase UK government bonds by an additional 100 billion.
FTSE 100 started the session lower after the Bank of England holds rates unchanged in a unanimous decision as was expected by markets. The Bank of England kept rates at record low levels of 0.1%
AUDUSD hovers to the highest level since April 2019 as investors continue to dump the USD on fears that the rising number of new coronavirus cases will halt the economic recovery in the country
Ripple price resumes the upward move today after yesterday’s sharp losses as the positive momentum in the cryptocurrencies sphere continues. While Bitcoin and Ethereum have break above the yearly highs
GBPUSD regain today the positive momentum as the pressure to USD returns after politicians in Washington failed to reach an agreement and continue to negotiate on the new relief package that will support the US economy
Dow Jones futures adds over 0.50% at 26,849 but is off the daily highs after the private payrolls as reported by ADP increased by 167k in July below the consensus estimates of one million.
RBS share rebound from multi-year lows halted today as the earnings report disappointed investors. NatWest reported income of 3.8 billion in the first half of 2020, a drop of 3.75% from 2019
EURUSD trades higher for the second straight day as the correction from two-year highs was short-lived. Euro is higher today against the greenback despite worse than expected services PMI
Dax index opens higher as China and the USA will return to the negotiations table with a teleconference between high-level officials to discuss the progress of the face one deal that signed back in January.