Investing.com investing.com 08 Jan, 2021 23:45 am

Pound to Snap 3-Week Win Streak on Growing Bets BoE to Cut Rates By Investing.com

Pound to Snap 3-Week Win Streak on Growing Bets BoE to Cut Rates By Investing.com
Pound to Snap 3-Week Win Streak on Growing Bets BoE to Cut Rates

com - The dollar edged higher Friday, halting its recent downtrend as Treasury yields pushed higher.Dollar Up, Holds Onto Biggest Gains in Over Two Years as Treasury Yields Rise p By Gina Lee Investing.Treasury yields led to some unwinding.Brazil real on pause in coming weeks, focus on vaccination progress: Reuters poll p By Gabriel Burin BUENOS AIRES (Reuters) - Brazil's real will likely stay on pause in coming weeks around the mid-point of its recent wide trading range, as strategists focus on.

"Harsh lockdown measures will continue for at least another month, which should make for a second consecutive pullback in GDP in Q1/21," RBC said in a note.But with the UK economy facing a longer road to recovery, we think the BoE will increase stimulus this year with a move to negative rates," RBC said.

Read full story at investing.com