Dollar Slips After Fed, BOE Holds Rates at 3.75% as Eurozone Growth Beats Forecasts

European markets rise as USD weakens post-Fed, while Eurozone Q2 GDP growth exceeds expectations at 0.4% quarterly. The Bank of England kept its bank rate unchanged at 3.75% in its July meeting, aligning with market expectations. The decision follows a mixed session as inv

European markets rise as USD weakens post-Fed, while Eurozone Q2 GDP growth exceeds expectations at 0.4% quarterly.

The Bank of England kept its bank rate unchanged at 3.75% in its July meeting, aligning with market expectations. The decision follows a mixed session as investors digest the Federal Reserve’s recent communications, which weighed on the dollar.

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