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Sterling hits five-month high against euro before BoE decision

Sterling hits five-month high against euro before BoE decision

LONDON (Reuters) - The pound rose to a five-month high against the euro on Wednesday as traders bet a rate hike from the Bank of England on Thursday will not be the last. .
Crypto firms call for global consensus instead of ’fire hose’ of rules

Crypto firms call for global consensus instead of ’fire hose’ of rules

LONDON May 10 (Reuters) - A ’fire hose’ of differing regulatory approaches to cryptoassets lack the global consensus needed to attract established investors that would create a maturer market a conference was told on Wednesday.. .
Dollar slips after U.S. inflation data

Dollar slips after U.S. inflation data

SINGAPORE May 10 (Reuters) - The U.S. dollar fell against a basket of currencies on Wednesday after consumer price index data showed inflation has slowed more than expected adding to the likelihood that the Federal Reserve could slow the pace of interest rate hikes. .
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