IEG Vu is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


Euro, sterling down vs dollar ahead of expected rate cuts

This article was originally published in Dairy Markets

The euro and sterling fell against the dollar on Thursday morning under pressure from expectations that the European Central Bank and the Bank of England will cut interest rates today. Both central banks had been expected to reduce rates by 50 basis points, from 3.75% and 4.5% respectively, but markets are now pricing in bigger cuts following further evidence that the world economy is slowing. The Federal Reserve Bank cut its benchmark rate to 1% from 1.5% last week.



What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts