More Seasonal GBP weakness post BoE?
On Sep 22 the BoE meet and will decide on how to best proceed with monetary policy. The BoE, like other central banks, is having to rapidly hike rates as it finds itself behind the curve try and cool inflation…
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Will EURGBP move higher as the BoE meet?
The Bank of England meet on Thursday at 1200GMT and expectations are 1000% for a 25 bps hie and over 80% from STIR markets for a 50 bps rate hike. In their June meeting the Bank of England hiked rates…
Is now the time to buy EURGBP?
The ECB are due to meet this week on Thursday and the pressure is on the ECB to hike rates. Inflation data last week showed a headline print of 8.1% y/y over the 7.6% y/y expected which was at the…