US Open Preview – Pound under pressure ahead of BoE rate decision
Posted on August 2, 2018 at 10:55 am GMTHere the latest developments in global markets: FOREX: The US dollar index, which measures the greenback against a basket of six currencies, advanced by 0.39% and touched a two-week high near 95.00 on Thursday. Dollar/yen was weaker on Thursday at 111.49 (-0.20%) despite the Fed reiterating that US economic growth has been rising strongly and the job market has continued to strengthen. Yesterday, the 10-year Japanese government bond yield reached a fresh one-and-a-half-year high, following the Bank of Japan’s decision to allow more flexibility in yield [..]