The Pound Sterling (GBP) trades lower against its major currency peers on Friday, except second-level safe-haven currencies. The British currency has come under pressure after the Bank of England (BoE) decided to hold interest rates steady at 4%, with a narrow majority vote of 5-4.
China gold reserves 74.09 million fine troy oz at end-October vs 74.06 million troy oz at end-September, People's Bank of China (PBoC) reported. The value of the gold reserves is seen adjusting higher to $297.21 billion this month, against $283.29 billion in September.
The Canadian Dollar (CAD) continues to hold on the weak side against the US Dollar (USD) on Thursday, finding the brakes enough to slow a near-term one-sided backslide, but not enough to stage a meaningful technical recovery.