Wonderful Introduction:
Youth is the nectar made of the blood of will and the sweat of hard work - the fragrance over time; youth is the rainbow woven with endless hope and immortal yearning - gorgeous and brilliant; youth is a wall built with eternal persistence and tenacity - as solid as a soup.
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Decision Analysis]: The pound/dollar exchange rate hits a two-month high." Hope it will be helpful to you! The original content is as follows:
XM Forex APP News - On Tuesday (September 16), the intraday trading price of the pound/dollar exchange rate hit 1.3645, the highest level since early July. This bullish sentiment is driven mainly by policy differentiation between the two major central banks: the United States: With the support of US President Trump, traders bet on the Fed to cut interest rates. The Federal Reserve will announce its interest rate decision at 02:00 Beijing time on Thursday, with the market expecting interest rates to be lowered by at least 0.25 percentage points from 4.25% to 4.25% to 4.00% to 4.25%. UK: Traders expect UK interest rates to remain unchanged at 4.00%. The Bank of England will announce its interest rate decision at 19:00 Beijing time on Thursday. Although the current interest rate levels of the two central banks are similar, the situation has significant differences: the inflation problem in the UK is more persistent, and interest rate cuts are seen as risky; while in the United States, President Trump is putting pressure on the Fed leadership to cut interest rates. The additional boost from pound www.vifu.netes from investment optimism related to U.S. President Trump's visit to the UK. According to media reports, a cooperation agreement worth about US$10 billion is expected to be announced during the visit.
The above content is all about "[XM Forex Decision Analysis]: The pound/dollar exchange rate hits two-month highs". It was carefully www.vifu.netpiled and edited by the editor of XM Forex. I hope it will be helpful to your trading! Thanks for the support!
Spring, summer, autumn and winter, every season is a beautiful scenery, and it stays in my heart forever. Leave~~~