British Pound surges on BoE hawkish hold, Yen intervention crushes USDThe Pound Sterling registers gains versus the US Dollar after the Bank of England decided to hold rates unchanged, in a 6-3 vote, while suspected intervention to propel the Japanese Yen weakened the Greenback against most G8 currencies. The GBP/USD pair edges lower from its intraday high of 1.3405 to near 1.3380; however, the initial reaction from the pair was slightly positive. Read More...British Pound declines as Fed hawkish rate holds boost US Dollar, BoE rate decision loomsThe GBP/USD pair attracts some sellers to near 1.3345 during the early European trading hours on Thursday. The US Dollar (USD) edges higher against the British Pound (GBP) amid hawkish Federal Reserve (Fed) signals and escalating Middle East tensions. The Bank of England (BoE) interest rate decision will take center stage later on Thursday.