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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 www.xm-bx.comful 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 www.xm-bx.com 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.xm-bx.comes 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.
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