Created
: 2025.03.21
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Last BoE meeting hasn't become a game changer for GBP - Danske Bank
World FX news
Breaking news
Last BoE meeting hasn't become a game changer for GBP - Danske Bank
New
2025.03.21 20:04
2025.03.21 20:04
2025.03.21 20:04
EUR/GBP ended the day lower on the back of a hawkish vote split at yesterday's BoE meeting, where the BoE kept the Bank Rate unchanged at 4.50% in line with expectations, Danske Bank's FX analyst Jens Nærvig Pedersen reports.
EUR/GBP set to move lower in the near term
"The central bank maintained its previous guidance signalling a 'gradual and careful' approach to easing monetary policy. Although the vote split was slightly to the hawkish side, we do not see this as a broad shift in sentiment within the MPC. We expect the next 25bp cut in May with the Bank Rate ending the year at 3.75%."
"For GBP FX we do not see yesterday's meeting as a game changer and forecast EUR/GBP to move lower."
Last updated
: 2025.03.21
Related articles
EUR/USD Price Analysis: Edges toward 1.0830 as bullish momentum builds post-Europe
24 minutes agoGBP/USD steadies near 1.2950 as traders digest PCE figures, tariff turmoil
59 minutes agoFed's Daly: Two rate cuts this year seems "reasonable"
2025.03.28 23:45EUR/GBP is trading below the MA at 0.8380 - Société Générale
2025.03.28 22:52USD/JPY remains under pressures near 150.50, US core PCE Inflation heats up
2025.03.28 22:52US Dollar steadies as markets look for fresh clues in the US PCE inflation release
2025.03.28 20:54
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
EUR/USD Price Analysis: Edges toward 1.0830 as bullish momentum builds post-Europe
EUR/USD extended its upward trajectory on Friday, moving near the 1.0830 region after the European session and toward the upper end of the day's trading range.
New
2025.03.29 01:01GBP/USD steadies near 1.2950 as traders digest PCE figures, tariff turmoil
The Pound Sterling remains firm, hovering around 1.2950 against the US Dollar, virtually unchanged, as traders digest the latest inflation report from the United States (US), amid uncertainty about a potential trade war escalation following Trump's imposition of tariffs on cars.
New
2025.03.29 00:25Fed's Daly: Two rate cuts this year seems "reasonable"
San Francisco Fed President Mary Daly maintains that two rate cuts this year remain a reasonable projection, but with robust economic indicators, policymakers can hold off on reducing rates until they evaluate how businesses adapt to tariff costs.
New
2025.03.28 23:45Silver Price Forecast: XAG/USD refreshes five-month high near $34.60 on global trade concerns
Silver price (XAG/USD) posts a fresh five-month high near $34.60 in North American trading hours on Friday.
New
2025.03.28 23:36EUR/GBP is trading below the MA at 0.8380 - Société Générale
EUR/GBP attempted a cross above its 200-DMA earlier this month but has faced strong resistance near 0.8450 and has once again dipped below the MA (0.8380), Société Générale's FX analysts note.
New
2025.03.28 22:52USD/JPY remains under pressures near 150.50, US core PCE Inflation heats up
The USD/JPY pair is down more than 0.3% near 150.50 in North American session on Friday.
New
2025.03.28 22:52US Dollar steadies as markets look for fresh clues in the US PCE inflation release
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is currently flat to slightly higher near 104.50 at the time of writing on Friday.
New
2025.03.28 20:54Market does not expect US import tariffs on crude oil from Canada and Mexico - Commerzbank
The postponement of US import tariffs on certain goods from Canada and Mexico granted by US President Trump at the beginning of March will end next Wednesday, Commerzbank's commodity analyst Carsten Fritsch notes.
New
2025.03.28 20:48EUR/USD to consolidate around 1.08-1.09 with upside risks - Danske Bank
EUR/USD holds around 1.08 as Trump imposes auto tariffs and signals lenient reciprocal measures, Danske Bank's FX analyst Jesper Fjärstedt reports.
New
2025.03.28 20:43US natural gas storage rises - ING
US natural gas prices traded under pressure as the US witnessed its second straight week of inventory injection while weather forecasts remained mixed, ING's commodity experts Ewa Manthey and Warren Patterson note.
New
2025.03.28 20:38Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
