The Bank of England will release its monetary policy summary and announce the interest rate on September 19, at 14:00 MT time.
Greenback is steady with focus on Fed gathering
On Tuesday, the evergreen buck was sturdy enough keeping to two-week maximums against a basket of key currencies, with market participants waiting for the Fed’s policy gathering this week for new catalysts.
Tracking the greenback versus a basket of six key peers, the US dollar index tacked on 0.1% being worth 93.931. It turned to be within sight of Friday's ascend of 94.087, which is the highest value since November 21.
The Fed is generally believed to lift interest rates at its two-day policy gathering, which will end on Wednesday. The US key bank is also supposed to tighten its monetary policy further in 2018.
The vast majority of market experts surveyed by Reuters expect three more rate lifts in 2018 versus two when polled weeks ago. However, the outlook is still overshadowed by persistently subdued inflation.
The common currency was last caught at $1.1771, having rebounded from Monday's intraday maximum of $1.1811.
We've got some positive news for the British pound and we are awaiting the release of the core retail sales for Canada at 15:30 MT.
The tweet by Iran's foreign minister increased the possibility of tensions in the region. It pushed the oil prices up.
The European trading session will be highlighted by the events for the British pound. Traders will pay special attention to the BOE meeting at 14:00 MT.