Bank of England is due to give its interest rate decision<\/a> today, the day that the UK goes into its second lockdown. The central bank was not expected to move on rates but rumours this morning are suggesting that they could.<\/p>\nThe BoE is expected to top up its QE programme by \u00a3100 billion. Growth forecasts are also expected to be downwardly revised. The BoE is not expected to move on negative rates.<\/p>\n
He Euro was upbeat after composite PMI data showed that the Eurozone economy was performing slightly better than forecast.<\/p>\n
German Factory orders will be in focus with month on month growth of 2% forecast.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Pound Euro (GBP\/EUR) exchange rate is adding to yesterday\u2019s losses, trading -0.3% at \u20ac1.1043 The Bank of England is due to give its interest rate decision today, the day that the UK goes into its second lockdown. The central bank was not expected to move on rates but rumours this morning are suggesting that […]<\/p>\n","protected":false},"author":163946597,"featured_media":4507,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1393,1394,1391],"class_list":{"0":"post-106375","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-eur","10":"tag-euro","11":"tag-gbp","12":"tag-pound"},"acf":[],"yoast_head":"\n
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