Forex
European Markets Green Ahead of Bank of England Rate Decision
The European markets have opened in a positive note ahead of the highly anticipated Bank of England rate decision. The British pound has reached its weakest level since late July, trading around $1.34 against the US dollar. This comes after the Federal Reserve's interest-rate move the previous day.
The London (UKX) index is up by 0.83%, with investors closely watching the Bank of England's decision. Germany's DAX is also higher, rising by 0.78%. France's CAC has added 0.53% to its value.