BoE: Even a 75 bps rate hike is unlikely to provide relief for sterling – Commerzbank

The Bank of England (BoE) is set to raise its policy rate by 50 bps. In the opinion of economists at Commerzbank, even a 75 bps hike will not be suffi
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AUD/USD weakens further below 0.6600, lowest since May 2020 amid relentless USD buying

The AUD/USD pair remains under heavy selling pressure for the third straight day on Thursday and drops to the 0.6580 region - the lowest since May 202
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