BOE Preview: It’s all about linguistics - IG Index

That Bank of England (BOE) would keep key policy tools unchanged is a done deal of sorts…

However, that does not mean it would be a non-event for the markets. Traders/investors need to watch out for the BOE language. “Its’ all about linguistics”, says Josh Mahony from IG Index.

Mahony adds, “BOE’s easy monetary policy could come under pressure from the rising inflation expectations across the globe and in the UK”.

Listen to the full segment to know key levels on GBP/USD that could come into play after the BOE rate decision. Mahony also addresses questions like - What’s next for USD/JPY after 2100 pip round-trip? Will EUR/USD go to parity?

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