ECB And BOE To Stand Pat, While USD Is Mostly Firmer
Source: SeekingAlpha
2026-02-05 07:45:00 ET
The US dollar ( DXY ) is enjoying a firmer tone today against most of the G10 currencies. The consolidative/corrective tone continues. The European Central Bank and the Bank of England meeting outcomes are awaited. Neither central bank will do anything, giving the commentary extra sway. The bar to another ECB rate cut seems high, though headline inflation is below target. The Bank of England, on the other hand, is likely to cut rates at least once this year but may not want the market to get too far ahead of it....
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ECB And BOE To Stand Pat, While USD Is Mostly Firmer
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