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BoE expected to cut rates this week.

BoE expected to cut rates this week.

by | Jul 28, 2024 | Misc.

Last week traders showed their hand by selling off the Pound on expectations that the BoE would be cutting interest rates this Thursday- with GBPEUR now trading at 1.1850 and GBPUSD trading at 1.2860. Now UK elections are over I feel the cut is warranted. It seems...