SniperFx

Archives

  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • September 2022
  • August 2022
  • January 2022
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

  • Bonds
  • Brokers News
  • Crypto
  • Forex
  • Forex Trading
  • News
  • Stocks
  • Technology
  • World
Subscribe
SniperFx SniperFx
SniperFx
  • Latest Updates
  • Bonds
  • Brokers News
  • Crypto
  • Forex
  • Forex Trading
  • Stocks
  • World
  • Forex

GBPUSD A test of 1.25 in the coming days is looking quite likely – ING

  • March 23, 2023

The Bank of England (BoE) is forecast to hike its key rate by 25 bps to 4.25%. In the view of economists at ING, GBP/USD is set to climb toward 1.25 in the coming days.

BoE to hike

“Markets are now fully pricing in a 25 bps scenario and will therefore look for some indications that the further 40 bps currently embedded in the GBP OIS curve is warranted.” 

“The division within the BoE’s MPC may be nothing but exacerbated by the recent market turmoil, the risk is that markets may receive very little guidance on future policy paths.” 

“Ultimately, the Pound may rapidly default to being driven by external factors: primarily the banking situation and global risk sentiment. A test of 1.25 in Cable in the coming days is looking quite likely.”

admin

Previous Article
  • Crypto

Coinbase, Tron feel the heat as SEC cranks up the pressure

  • March 23, 2023
Read More
Next Article
  • Forex Trading

EURCHF turns negative and retreats from tops near 1.0000 post-SNB

  • March 23, 2023
Read More
You May Also Like
Read More
  • Forex

The euro extends its decline to fresh six-month lows near 1.0570

  • admin
  • September 26, 2023
Read More
  • Forex

The GBP/USD continues to slide, testing waters below 1.2250.

  • admin
  • September 23, 2023
Read More
  • Forex

USD/CNH now faces further side-lined trading – UOB

  • admin
  • September 21, 2023
Read More
  • Forex

Price Analysis for AUD/USD: Stays susceptible to retesting the 2023 low; the focus is targeting 0.6330

  • admin
  • September 7, 2023
Read More
  • Forex

ECB Lagarde: Critical inflation expectations remain anchored at 2%

  • admin
  • August 27, 2023
Read More
  • Forex

EUR/USD falls below the 200-day SMA at the end of the week

  • admin
  • August 26, 2023
Read More
  • Forex

NZD/USD now moved into a consolidation phase – UOB

  • admin
  • August 24, 2023
Read More
  • Forex

EUR/USD: No rash Euro sales due to weaker-than-expected PMIs, according to Commerzbank

  • admin
  • August 23, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts
  • Eicher Motors shares surged following Jefferies’ bullish outlook and upgraded target price.
  • The USD/THB faces some side-line trading in the near term (UOB).
  • The euro extends its decline to fresh six-month lows near 1.0570
  • Bitcoin miners strategize for survival amid rising costs and upcoming halving
  • Awareness of non-banks as an option is on the rise.
SniperFx
  • Home
  • About Us
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
Forex & Crypto Updates

Input your search keywords and press Enter.