fxs_header_sponsor_anchor

News

BoE Survey: UK public inflation expectations for year ahead drop from 3.3% to 3.0% in February

UK public inflation expectations for the coming year are seen at 3.0% in February, declining from a 3.3% figure projected in November, the quarterly survey conducted by the Bank of England (BoE) showed on Friday.

Additional findings

UK public inflation expectations for 12 months after that unchanged at 2.8%.

UK public inflation expectations for five years' time 3.1% vs 3.2% in Nov.

Public confidence in BoE’s control of inflation -5.0% vs -14% in Nov.

Market reaction

At the time of writing, GBP/USD is holding steady at 1.2750, having recovered intraday losses.

Pound Sterling price today

The table below shows the percentage change of Pound Sterling (GBP) against listed major currencies today. Pound Sterling was the strongest against the New Zealand Dollar.

  USD EUR GBP CAD AUD JPY NZD CHF
USD   -0.14% -0.06% -0.06% 0.21% 0.28% 0.45% -0.16%
EUR 0.15%   0.08% 0.08% 0.35% 0.43% 0.60% -0.02%
GBP 0.07% -0.08%   0.00% 0.28% 0.36% 0.51% -0.09%
CAD 0.07% -0.08% 0.00%   0.28% 0.35% 0.51% -0.10%
AUD -0.22% -0.36% -0.28% -0.28%   0.09% 0.24% -0.37%
JPY -0.30% -0.43% -0.35% -0.36% -0.10%   0.14% -0.45%
NZD -0.45% -0.60% -0.52% -0.52% -0.24% -0.16%   -0.61%
CHF 0.16% 0.01% 0.09% 0.09% 0.37% 0.44% 0.60%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.