Sterling surged over a full cent on Thursday following signs of a shift in the Bank of England's stance on keeping UK interest rates at record lows, while the Federal Reserve's sticking to expectations of further rises lifted the dollar.
Investing.com - The dollar extended gains against other major currencies on Thursday, helped by the release of upbeat U.S. data, while the Federal Reserve’s decision to raise interest rates on Wednesday continued to support.
Turkey’s lira was unfazed as the nation’s central bank left rates unchanged and indicated it will maintain a tight monetary stance until the inflation outlook improves significantly.
Bitcoin is plunging on Thursday. The cryptocurrency trades down 5.1% at $2,354 a coin, its lowest since the beginning of June.
Next trading day's important events
- USDJPY: 110.39
- EURUSD: 1.1148
- S&P 500: 2424.15
- NASDAQ: 6128.60