Previous close | 0.8637 |
Open | 0.8637 |
Bid | 0.8660 |
Day's range | 0.8627 - 0.8661 |
52-week range | 0.8494 - 0.9236 |
Ask | 0.8660 |
Investing.com – The pound extended its gloomy slide against the dollar continued Monday, just days ahead of a widely expected Bank of England rate increase amid fears that a hike will come with side order of dovishness as the central bank is likely to signal that its rate-hike cycle is coming to an end.
Investing.com -- The Bank of England increased its key interest rate by another 25 basis points on Thursday, bringing borrowing costs up to 4.50% - their highest level since 2008.