BoE interest rate decision<\/a>, where the central bank is expected to leave rates on hold at 5.25% for a second straight month.<\/p>\nThe focus will be on the BoE’s inflation and growth forecasts, which if downwardly revised could pull the pound lower.<\/p>\n
The euro is rising amid USD weakness and despite manufacturing PMI falling to 43.1 in October down from 43.4 in September.\u00a0 This is well below 50, the level which separates growth from contraction.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is falling, snapping a two day winning run. The pound is heading lower ahead of the BoE interest rate decision, where the central bank is expected to leave rates on hold at 5.25% for a second straight month. The focus will be on the BoE’s inflation and growth forecasts, […]<\/p>\n","protected":false},"author":163946598,"featured_media":3875,"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-115288","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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