GBP spiky start to BOE week – Video Analysis

GBP spiky start to BOE week – US Dollar sold off a bit this morning on Muller investigation revelation, while Pound seems to have a good morning against yen and greenback.The calendar this week is highlighted by the BoE’s November Monetary Policy Committee meeting (announcing Thursday), which will be accompanied by the publication of its quarterly Inflation Report. The BoE has guided markets to expect the first hike of the repo rate in 10 years, to 0.50% from 0.25%.

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Stuart Cowell

Senior Market Analyst


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