Euro falters against Pound as Bank of England takes hawkish stance By Investing.com

© Reuters. The euro fell sharply against the British pound on Tuesday, trading near a low of 0.8700 after officials from the Bank of England delivered hawkish remarks during a UK Parliament testimony. The central bank’s unified policy stance against persistent inflation and warnings about increasing inflation pressures in the coming years contributed to the

Bank of England Leaves Rates Unchanged, GBP/USD Grabs a Small Bid

British Pound (GBP) Analysis and Charts A mildly hawkish BoE helps underpin GBP/USD Cable pushes back above 1.2200 For all market-moving economic data and events, see the DailyFX Calendar Recommended by Nick Cawley Get Your Free GBP Forecast The Bank of England (BoE) left the Bank Rate unchanged today at 5.25%, for the second meeting

Bank of England speakers on the agenda today include Khan and Mann

On Monday, 2 October 2023: 1300 GMT / 09:00 US Eastern time: Speech by Bank of England’s Shoib Khan at the Association of Financial Mutuals Annual Conference 1500 GMT / 11:00 US Eastern time: Catherine Mann, an external member of the Bank of England’s Monetary Policy Committee, takes part in a fireside chat hosted by

All Eyes on the Bank of England Rate Decision

GBP/USD Analysis and Charts The Bank of England is likely to raise rates by 25bps next Thursday. Will the BoE follow the trend of a ‘hike and hold’ For all market-moving economic data and events, see the DailyFX Calendar Recommended by Nick Cawley How to Trade GBP/USD Next week’s Bank of England interest rate decision

What’s priced in for the Bank of England

The market continues to anticipate a Bank of England rate hike later this month and the strong possibility of another one in November. High UK inflation is problematic for the Bank of England as it tries to tame runaway inflation but chief economist Hew Pill wants to keep rate at a higher plateau for longer,