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2025-09-18 19:37:24
[The British pound is under pressure! Analysts predict a new trend in the Euro-pound exchange rate] ⑴ Analysts at Danske Bank pointed out that the Bank of England's resolution and the 7-2 vote were basically in line with market expectations, and the policy stance did not show a hawkish tendency. ⑵ The central bank still reserves the possibility of a rate cut in November and maintains a cautious and gradual easing path. It is expected to cut interest rates in November and February of the following year, and then enter a policy wait-and-see period. ⑶ The deflationary process continues to evolve, the weak labor market will continue, and the economic growth momentum is insufficient. These factors will prompt the central bank to continue to advance the process of interest rate cuts. ⑷ Given that the European Central Bank maintains interest rates unchanged and the eurozone economy is performing relatively well, the euro is expected to strengthen further against the pound.
