Forex Today: Bank of England Seen Cutting Rate by 0.25% Today

BoE Expected to Cut Official Bank Rate to 4.25%; US Federal Reserve Leaves Interest Rate Unchanged as Expected, Powell Cites Higher Inflation Risk, Slight Hawkish Tilt Boosts USD to Firm Gains; Gold Hints at Bearish Double Top; Bitcoin Powers to 2-Month High, Paves Way for Move Higher?; Trump Talks Up Imminent Major Trade Deal, Boosting Stocks

May 18, 2025 - 11:20
 0
Forex Today: Bank of England Seen Cutting Rate by 0.25% Today
BoE Expected to Cut Official Bank Rate to 4.25%; US Federal Reserve Leaves Interest Rate Unchanged as Expected, Powell Cites Higher Inflation Risk, Slight Hawkish Tilt Boosts USD to Firm Gains; Gold Hints at Bearish Double Top; Bitcoin Powers to 2-Month High, Paves Way for Move Higher?; Trump Talks Up Imminent Major Trade Deal, Boosting Stocks