Pound Sterling Volatility Hits 3-Month High at 13.72% Ahead of BoE Decision

Pound sterling overnight volatility surged to 13.72% overnight, marking the highest level since late March, as traders await the Bank of England's rate decision on Thursday and a by-election that could challenge Prime Minister Keir Starmer. Sterling rose 0.2% against the U.S. dollar to approximately 1.33 in early London trading, supported by better-than-expected May employment data.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments