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Soft U.S. inflation data and BoE's rate cut boosted GBPUSD slightly while EURUSD dipped following ECB's unchanged rates and upbeat tone amid cautious dollar reactions to global monetary policies.
GBPUSD rises on Bank of England rate cut amid cautious markets; EURUSD inches up as ECB holds rates. US inflation softens, boosting rate cut hopes and equity futures, while uncertainties on Fed polic…
The yen rallies despite soft monthly performance amid rising Tokyo inflation complicating BOJ policy. The pound weakens on UK financial uncertainty ahead of the November budget, while the euro remain…