Cable Dips As BoE Holds Rates Steady (As Expected), Slows QT – altnews.org

Sterling Holds Ground After BoE, Dollar Loses Momentum - Action Forex

Sterling traded steadily mixed today, showing little reaction to the BoE’s decision to hold rates at 4.00%. The 7–2 vote leaned slightly dovish, with Swati Dhingra and Alan Taylor backing a 25bps cut, but the outcome was broadly expected given their well-established dovish leanings. Importantly, the MPC’s statement flagged that medium-term inflation risks remain “prominent,” sending a clear signal that policymakers are not yet comfortable openin…

Cable Dips As BoE Holds Rates Steady (As Expected), Slows QT – altnews.org

Summary: In a 7-2 decision, BoE chose to hold rates steady, with long-term doves Swati Dhingra and Alan Taylor voting

No surprises from the BoE - Monex Europe

The MPC left Bank Rate unchanged at 4.00% at the September policy meeting, matching our own house call, and the unanimous view of other sell-side desks. When combined with a vote split and a reduction in the Bank’s QT program, which also broadly met consensus forecasts, traders have been given little new information to price in. We continue to look for a final 2025 rate cut in December, but unsurprisingly, sterling remains little changed post-an…

Convera: BoE set to hold at 4.00%, bond sales under scrutiny - Wealth DFM

Sterling briefly spiked above $1.37 following the Fed’s rate cut but quickly reversed, now trading below $1.36 ahead of today’s Bank of England (BoE) decision. Against the euro, sterling continues to trade sideways, holding within a tight €1.15–€1.16 band through September. The pair appears anchored by balanced rate expectations and muted macro surprises. Without a fresh catalyst – be it a material shift in BoE or ECB policy, or a sharp turn in …