- Analytics
- News and Tools
- Market News
- EUR/GBP: A 0.8600-0.8700 range may be the story for the majority of October – ING
EUR/GBP: A 0.8600-0.8700 range may be the story for the majority of October – ING
Economists at ING analyze EUR/GBP outlook.
Bank of England survey to help cement expectations for a November pause
EUR/GBP is settling into a 0.8600-0.8700 range and that may be the story for the majority of October.
There are only a few inputs ahead of the next BoE meeting on November 2nd, where we look for unchanged rates at 5.25%. One such input is Thursday's release of the BoE Decision Maker Panel survey, which we think will show a further easing in price pressures. This could prove mildly Sterling negative in that the market is still pricing 18 bps of further BoE tightening over the coming months.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
