- Analytics
- News and Tools
- Market News
- EUR/GBP may be facing some upside risks to 0.86+ this week – ING
EUR/GBP may be facing some upside risks to 0.86+ this week – ING
Economists at ING discuss the next Bank of England meeting and its implications for the British Pound (GBP).
Ample room for a dovish repricing to hit Sterling should data surprise on the downside
Unless the CPI shocks on the upside again on July 19, then the Bank of England could be happy with a 25 bps hike in August.
Markets are pricing in 44 bps for August and 145 bps in total, which leaves ample room for a dovish repricing to hit Sterling should data surprise on the downside.
EUR/GBP is trading around recent lows and may be facing some upside risks to 0.8600+ this week.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
