Friday , 22 November 2024
Home Forex Pound Sterling slips as traders bet BoE likely to start rate cuts from August
Forex

Pound Sterling slips as traders bet BoE likely to start rate cuts from August

The Pound Sterling (GBP) remains on the back foot in Monday’s late London session as investors continue to price in the Bank of England (BoE) will pivot to interest-rate cuts earlier than the US Federal Reserve (Fed).

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Singapore Q3 GDP +5.4% y/y (expected +4.6%, preliminary 4.1%)

Singapore Q3 GDP 3.2% q/qexpected 2.5%, preliminary was 2.1% +5.4% y/y expected...

Deutsche Bank: Fed unlikely to cut aggressively (strong growth, persistent inflation)

In a client note Deutsche Bank is cautioning against expectations for significant...

Japan October headline CPI +2.3% (expected +2.2%, prior 2.5%)

Japan inflation data October 2024, all figures are y/y.Headline national CPI 2.3%expected...

UBS published their highest conviction investment ideas for next year – falling USD is one

Prepare Portfolios for Lower Rates, AI Boom, and Select OpportunitiesUBS is advising...