The Bank of England (BoE) decided to keep the Bank Rate (key policy rate) unchanged at 5.25%. EUR/GBP initially moved higher but partly retraced the m
The BoE decided to keep the policy rate unchanged at 5.25% with forward guidance remaining broadly unchanged.
We continue to see relative rates as a moderate positive for EUR/GBP, although GBP has largely decoupled from moves in relative rates the past month. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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