Sterling Underperforms as Dovish Comments from MPC Members Emerge
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#bd52fc86 ver:0.09

Sterling has seen underperformance after dovish comments from internal members of the Monetary Policy Committee (MPC) of the Bank of England (BoE). The dollar, on the other hand, has returned to consolidation mode. The European Central Bank's (ECB) vice president, Luis de Guindos, has hinted at a potential rate cut in June and emphasized the importance of Federal Reserve (Fed) policy for the global economy. The deputy governor of the BoE has suggested that conditions are falling into place for a rate cut. Additionally, the National Bank of Hungary is expected to slow the pace of easing. These developments have implications for the exchange rates of sterling, the dollar, and the euro. ...

#newstr #Sterling #Dollar #Ecb #BankOfEngland #NationalBankOfHungary 

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