The British currency, the sterling, gave up gains today following the Bank of England's decision in keeping interest rates on hold.
The GBP/USD pair traded at 1.3423 decelerating from its previous zone the 1.3443, whereas the EUR/GBP reached the 0.8819 level from the 0.8784 thus the sterling gaining ground against the euro.
Gold to 1-week highs
The precious metal, gold, traded to 1-week highs amid the Federal Reserve raising interest rates following the ongoing concerns that inflation resumes stagnant.
The Comex gold futures approached $1,257.80 a troy ounce rising 0.74%.
The silver futures reached $16.065 a troy ounce surging 1.24%, platinum to $883.85 appreciating 0.97%, palladium to $1,001.92 an ounce decelerating 0.21%, and copper futures to $3.062 a pound rallying 0.28%.
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