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EUR/GBP jumps on constrasting comments of ECB Nagel and BoE Bailey

EUR/GBP jumps on constrasting comments of ECB Nagel and BoE Bailey
EUR/GBP rebounds strongly on a contrasting comments from Bundesbank President Joachim Nagel and BoE Governor Andrew Bailey. In short, Nagel said “further significant interest rate steps” might be necessary for ECB after March, and a “steeper path of reduction” of balance sheet is favored in July. On the other hand, Bailey said more interest rate […] The post EUR/GBP jumps on constrasting comments of ECB Nagel and BoE Bailey appeared first on Action Forex... Read More
Posted: Mar 1 2023, 11:30
Author Name: actionforex
Views: 092043

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