Bank of England Says Inflation’s OK, Pound Tumbles

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

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After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.

• Apr 12, 2019Pound Sterling Forecasts Slashed at ING after Brextension Derails Bank of England-0.2%
• Jan 31, 2023Expect Pound Sterling Weakness against Euro, Dollar in Wake of Bank of England: CIBC-1.3%
• Jan 31, 2024Pound pares advance against Euro and Dollar as investors position for Bank of England By PoundSterlingLIVE-0.9%
• Oct 31, 2024Euro Outperforms Dollar and Pound After Inflation and GDP Surprises-1.2%
• Sep 9, 2022Dollar slides as investors balance positions ahead of U.S. inflation data | Reuters+0.4%