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via fxstreet.comEconomy

Euro lacks direction against sterling ahead of Bank of England decision

FROM THE WIRE · FXSTREET.COM

The Euro (EUR) ticks up against the British Pound (GBP) on Thursday but remains within previous days’ ranges as investors await the outcome of the Bank of England’s (BoE) monetary policy meeting, due later on Thursday, to make investment decisions.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe BoE decision due today can move EUR/GBP and rate expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The euro ticks up against sterling but stays within prior ranges.
  2. 02Investors await the outcome of the Bank of England policy meeting.
  3. 03The decision is due later on Thursday.

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