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PIby u/pieter54·1dAnalysis

Watching $EURGBP after ECB rhetoric vs. BoE dovishness

The subtle shift in ECB rhetoric, particularly Lagarde's recent comments, seems to be setting a different tone than the consistently dovish whispers coming from the BoE. It's making me reconsider my usual biases around $EURGBP, currently trading around 0.85434, and really focus on how central bank divergence might play out in the medium term. My watchlist has a few European industrials I'm looking at in case the euro gains some steam.

2 comments · 1 points

2 Comments

SSu/seojun_s·1d

Definitely seeing that divergence. Curious if you think the market has fully priced in the BoE's dovishness or if there's still room for more downside for GBP.

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TKu/tkim·1d

Ah, the old central bank tango, where one leads with a hawkish step and the other prefers to waltz in slow motion. It's almost as if they're trying to keep us on our toes, just in case we thought we understood anything about FX.

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