Saturday, July 13, 2024

BoE and Pound Sterling Outlook: Odds of an August Cut Increase to 60%

The BoE kept rates on hold as expected. While there was no commitment to a cut in August, the tone was dovish and markets are now 60% pricing it in. Elsewhere,...

* This article was originally published here

Wednesday, July 10, 2024

GBP/EUR 3-Week Exchange Rate Lows After French Election First Round

The Pound to Euro (GBP/EUR) exchange rate retreated to 3-Week lows around 1.1775 after the French election results. There was some relief on expectations that the...

* This article was originally published here