Tuesday , 3 December 2024
Home Forex Pound Sterling Price News and Forecast: GBP ticks down even though BoE Bailey signals gradual rate-cut cycle
Forex

Pound Sterling Price News and Forecast: GBP ticks down even though BoE Bailey signals gradual rate-cut cycle

The Pound Sterling (GBP) trades cautiously against the majority of its pairs on Friday even though the commentary from Bank of England (BoE) Governor Andrew Bailey on interest rates on Thursday was less dovish than what market participants had anticipated.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

European indices open slightly higher to start the day

Eurostoxx +0.3%Germany DAX +0.3%France CAC 40 +0.2%UK FTSE +0.3%Spain IBEX +0.4%Italy FTSE...

What are the main events for today?

The main event in the European session was the Switzerland CPI. The...

Switzerland November CPI +0.7% vs +0.8% y/y expected

Prior +0.6%Core CPI +0.9% y/yPrior +0.8%Swiss inflation continues to hold well below...

UK stats office notes that unemployment rate is largely unchanged at 4.2%

On the headline, it compares to their latest estimate here that the...