We expect the Bank of England (BoE) to keep the Bank Rate unchanged at 4.75% on Thursday 19 December in line with consensus and market pricing. Data has broadly been in line with the BoE’s expectations, warranting a continued signalling of only a gradual approach to monetary policy easing. We expect the reaction in EUR/GBP […]

The post Bank of England Preview – Christmas Pause in Cutting Cycle appeared first on Action Forex.