GBP: The rate cut debate heats up – ING
Financial markets are getting excited about a Bank of England rate cut potentially as early as this Thursday, ING's FX analyst Chris Turner notes.

Financial markets are getting excited about a Bank of England rate cut potentially as early as this Thursday, ING's FX analyst Chris Turner notes.

EUR/GBP could come a little lower this week

"A couple of big investment houses have recently switched their call to a move this week. And from just a 6% probability of a rate cut this week, which was priced at the start of October, the market now attaches a 29% weight."

"As our UK economist James Smith writes here, we think the BoE will prefer to wait for the contents of the Autumn Budget later this month before making its next move. And with the UK terminal rate already priced at 3.25% for next summer, we find it difficult to justify a much lower pound on the back of an under-priced BoE easing cycle."

"EUR/GBP could come a little lower this week if the BoE retains some of the hawkishness discovered this summer. But we suspect buying interest returns in the 0.8730/50 area."

Acuity Trading
Trade The World
Acuity Trading adalah perusahaan fintech berbasis di London yang didirikan pada 2013, fokus pada data alternatif berbasis AI dan analisis sentimen untuk trading dan investasi. Mereka merevolusi pengalaman trading online dengan alat berita dan sentimen visual, dan kini terus memimpin pasar dengan data alternatif penghasil alfa dan alat trading interaktif tinggi berbasis riset dan teknologi AI terbaru.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Jelajahi Lebih Banyak Tools
Akademi Trading
Jelajahi berbagai artikel edukasi yang mencakup strategi trading, wawasan pasar, dan dasar-dasar keuangan, semua dalam satu tempat.
Pelajari Lebih Lanjut
Kursus
Jelajahi kursus trading terstruktur yang dirancang untuk mendukung pertumbuhan Anda di setiap tahap perjalanan trading Anda.
Pelajari Lebih Lanjut
Webinar
Ikuti webinar langsung dan on-demand untuk mendapatkan wawasan pasar real-time dan strategi trading dari para ahli industri.
Pelajari Lebih Lanjut