EUR/GBP to slip below 0.83 with the BoE in dynamic tightening mode – ING EURGBP BOE Banks
A 25bp hike from the BoE
“Also, today expect much local focus on the energy regulator announcing the size of the regulated energy price increases for April. This will add to the view that UK inflation is heading close to 7% YoY in April – and that a strong pound can insulate against further energy price increases.”BoE Preview: Forecasts from 12 major banks, another rate hikeInformation on these pages contains forward-looking statements that involve risks and uncertainties.
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