Institutional View: If the Bank of England continues to raise interest rates, the pound sterling has room for appreciation

智通财经2026/11/06 11:37

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Kudo analysts pointed out that the Bank of England implemented its first rate hike in over three years on Thursday, raising the policy rate to 4%. The central bank signaled that if tensions in the Middle East persist, it will further tighten monetary policy, which is bullish for the pound.
Money markets are pricing in a 51% probability of a rate hike by the Bank of England in December.

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Institutional View: If the Bank of England continues to raise interest rates, the pound sterling has room for appreciation

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