The pound has edged higher in Wednesday trading, as GBP/USD makes up some lost ground after losing close to a cent on Tuesday. The pair is trading in the mid-1.56 in the North American session. In the US, today’s highlight is the FOMC policy statement, and the markets will likely react after hearing from the Federal Reserve. In the UK, there were no surprises from the BOE, as the voting pattern for the recent interest and asset purchase decisions were expected. The BOE released the minutes of the most [...] read more
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UK GBP/USD : Based on daily OANDA Rates®, the touchstone foreign exchange rates used by corporations, tax authorities, auditing firms, and financial institutions. These filtered rates are based on information supplied by leading market data contributors.