Dollar recovers as central bank decisions loom
AlphabetAlphabet(US:GOOGL) The Economic Times·2026-02-05 01:56

"The emphasis will likely be on higher uncertainty," with only minor tweaks in communication, according to analysts from Bank of America, who expect the ECB to hold rates later in the day. "Our conviction in a March cut is not rock solid, but we remain convinced of an easing bias from here." The British pound was flat ​at $1.3650 ahead of the Bank of England's policy decision, at which it ​is also expected to remain on hold. Against the yen, the U.S. dollar was fetching 156.92 yen, keeping ‌steady as Japan ...