Charles Purdy
on May 9th, 2023 The last of our three major central banks, the Bank of England (BoE), will decide on its interest rate this Thursday. Markets are expecting the BoE to hike rates by 25 basis points (bps) following a 25bps hike to 4.25% in March. All eyes will be on the pound in the run up to, and aftermath of, the BoE’s decision for any increased volatility.
GBP/EUR past year
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