Golden Ten data, July 31st news, according to TD Securities, if the Bank of England Merkez Bankası cuts interest rates on Thursday, the pound may weaken because the market only partially reflects this expectation. The Bank of England Merkez Bankası may lower the Faiz Oranı by 25 basis points with a 5:4 vote, but uncertainty is high due to persistent high service sector inflation and changes in the para politikası committee. A 5:4 vote result may be a cautious signal, as the para politikası committee is unlikely to want to signal continuous interest rate cuts at this stage. Regardless of the Bank of England Merkez Bankası’s decision, we are not very optimistic about the trend of the pound, as long positions seem crowded.
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Domingo Securities: İngiltere Merkez Bankası'nın faiz oranlarını düşürmesi İngiliz poundunu vuracak.
Golden Ten data, July 31st news, according to TD Securities, if the Bank of England Merkez Bankası cuts interest rates on Thursday, the pound may weaken because the market only partially reflects this expectation. The Bank of England Merkez Bankası may lower the Faiz Oranı by 25 basis points with a 5:4 vote, but uncertainty is high due to persistent high service sector inflation and changes in the para politikası committee. A 5:4 vote result may be a cautious signal, as the para politikası committee is unlikely to want to signal continuous interest rate cuts at this stage. Regardless of the Bank of England Merkez Bankası’s decision, we are not very optimistic about the trend of the pound, as long positions seem crowded.