ECB raised interest rates by 25 basis points<\/a> to a record 4%. However, the market sees this as the last rate hike this cycle.<\/p>\nECB President Christine Lagarde is due to speak shortly.<\/p>\n
The pound has drifted in recent sessions amid a lack of fresh fundamental data and as investors look ahead to BoE’s interest rate decision next week.<\/p>\n
The central bank is likely to hike rates again but that could also be the last hike.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is trading flat at \u20ac1.1660 but is set to rise 0.09% across the week. The euro fell yesterday after the ECB raised interest rates by 25 basis points to a record 4%. However, the market sees this as the last rate hike this cycle. ECB President Christine Lagarde is […]<\/p>\n","protected":false},"author":163946598,"featured_media":5320,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":["post-115040","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n
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