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BOE rates pricing shows 95% probability baked in already for a 25 bps rate hike in May

BOE rates pricing shows 95% probability baked in already for a 25 bps rate hike in May
The terminal rate pricing has also shifted higher by roughly 14 bps to near 5% now as seen above, with the implied market rate for November seen at 4.986% at the moment. The pound is now starting to climb up again with GBP/USD up to fresh highs on the day at 1.2445 and hoping to contest the key near-term technicals pointed out here. This article was written by Justin Low at www.forexlive.com... Read More
Posted: Apr 19 2023, 06:46
Author Name: forexlive
Views: 082059

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