How we’re feeling about GBP after the BoE’s ‘dovish hold’

Our FX specialists help you get to grips with the biggest themes and events moving global currency markets.

10 May 2024 . 23 min

Brian Daingerfield and Paul Robson discuss the longer-term prospects for GBP following the Bank of England’s decision to keep rates on hold this week. They also delve into our latest views on FX heading into a critical US inflation print. Finally, they share their views on the outlook for SEK in light of the Riksbank's decision to cut rates, and consider the relationship between US rates and volatility as a driver of JPY.

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NB: This was recorded on 2 May 2024.

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How we’re feeling about GBP after the BoE’s ‘dovish hold’

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