London stocks were still firmly in the black just after midday on Thursday after the Bank of England left rates unchanged, as widely expected.

UK interest rates have been left unchanged at 5% by the Bank of England.

Pound Sterling surges to 1.3300 as BoE keeps interest rates steady at 5% The Pound Sterling (GBP) strengthens against its major peers on Thursday after the Bank of England's (BoE) monetary policy announcement.

The USD/CAD pair struggles to capitalize on the Asian session move up to the 1.3645-1.3650 region, or a one-month top and drops to the lower end of its daily range in the last hour.

The NZD/USD pair edges lower to near 0.6200 during the early Asian session on Thursday.

New Zealand's economy has again gone backwards, with new GDP data confirming the depths of its economic malaise. On Thursday, Stats NZ confirmed...

New Zealand's Gross Domestic Product (GDP) growth in the second quarter contracted by 0.2% QoQ, falling back from the previous quarter's revised 0.1% (from 0.2%), but still held above the median market forecast of -0.4%.

The FTSE 100 moved 56.18 points lower, or 0.68%, to end the day at 8,253.68.

GBP/USD Price Forecast: Retreats from three-week high, holds to gains above 1.3200 The Pound Sterling posted modest gains during the North American session, hitting a three-week high of 1.3254, but failed to gain traction as traders braced for the Federal Reserve’s monetary policy decision.

London stocks had fallen further into the red by midday on Wednesday as investors mulled the latest UK inflation reading and looked ahead to a policy announcement from the US Federal Reserve.