China PBoC Interest Rate Decision in line with forecasts (3.1%)

Jan 20, 2025

GBP/USD ticks higher on softer USD; lacks bullish conviction and remains below 1.2200

The GBP/USD pair kicks off the new week on a slightly positive note and reverses a part of Friday's decline, though the uptick lacks follow-through or bullish conviction.

PBOC leaves Loan Prime Rates unchanged in January

The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Monday.