Sterling Rises Versus Euro Ahead of Thursday's BOE Decision -- Market Talk

Dow Jones02-04

1028 GMT - Sterling rises to its strongest level in five months against the euro ahead of a decision by the Bank of England on Thursday. The BOE is widely expected to leave interest rates on hold. Recent data show a strengthening U.K. economy, which has encouraged market participants to push back the timing of when they expect the next interest-rate cut, MUFG's Lee Hardman says in a note. "Without an immediate catalyst to lower rates further, the BOE are likely to remain cautious over lowering rates further at the start of this year," he says. U.K. money markets aren't fully pricing a rate cut until July, LSEG data show. The euro falls to a low of 0.8613 pounds, LSEG data show. (jessica.fleetham@wsj.com)

(END) Dow Jones Newswires

February 04, 2026 05:28 ET (10:28 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2608735088?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-04 18:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2608735088","market":"fut","top_or_hot":-1,"title":"Sterling Rises Versus Euro Ahead of Thursday's BOE Decision -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1028 GMT - Sterling rises to its strongest level in five months against the euro ahead of a decision by the Bank of England on Thursday. The <a href=\"https://laohu8.com/S/00710\">BOE</a> is widely expected to leave interest rates on hold. Recent data show a strengthening U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. economy, which has encouraged market participants to push back the timing of when they expect the next interest-rate cut, MUFG's Lee Hardman says in a note. \"Without an immediate catalyst to lower rates further, the BOE are likely to remain cautious over lowering rates further at the start of this year,\" he says. U.K. money markets aren't fully pricing a rate cut until July, LSEG data show. The euro falls to a low of 0.8613 pounds, LSEG data show. (jessica.fleetham@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 04, 2026 05:28 ET (10:28 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sterling Rises Versus Euro Ahead of Thursday's BOE Decision -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSterling Rises Versus Euro Ahead of Thursday's BOE Decision -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-04 18:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1028 GMT - Sterling rises to its strongest level in five months against the euro ahead of a decision by the Bank of England on Thursday. The <a href=\"https://laohu8.com/S/00710\">BOE</a> is widely expected to leave interest rates on hold. Recent data show a strengthening U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. economy, which has encouraged market participants to push back the timing of when they expect the next interest-rate cut, MUFG's Lee Hardman says in a note. \"Without an immediate catalyst to lower rates further, the BOE are likely to remain cautious over lowering rates further at the start of this year,\" he says. U.K. money markets aren't fully pricing a rate cut until July, LSEG data show. The euro falls to a low of 0.8613 pounds, LSEG data show. (jessica.fleetham@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 04, 2026 05:28 ET (10:28 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BOE","symbol_name":"黑岩全球成长基金","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2608735088","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2608735088","pubTimestamp":1770200880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1028 GMT - Sterling rises to its strongest level in five months against the euro ahead of a decision by the Bank of England on Thursday. The BOE is widely expected to leave interest rates on hold. Recent data show a strengthening U.K. economy, which has encouraged market participants to push back the timing of when they expect the next interest-rate cut, MUFG's Lee Hardman says in a note. \"Without an immediate catalyst to lower rates further, the BOE are likely to remain cautious over lowering rates further at the start of this year,\" he says. U.K. money markets aren't fully pricing a rate cut until July, LSEG data show. The euro falls to a low of 0.8613 pounds, LSEG data show. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BOE":"黑岩全球成长基金"},"translate_title":"在英国央行周四做出决定之前，英镑兑欧元上涨——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BOE":1.5},"content_text":"1028 GMT - Sterling rises to its strongest level in five months against the euro ahead of a decision by the Bank of England on Thursday. The BOE is widely expected to leave interest rates on hold. Recent data show a strengthening U.K. economy, which has encouraged market participants to push back the timing of when they expect the next interest-rate cut, MUFG's Lee Hardman says in a note. \"Without an immediate catalyst to lower rates further, the BOE are likely to remain cautious over lowering rates further at the start of this year,\" he says. U.K. money markets aren't fully pricing a rate cut until July, LSEG data show. The euro falls to a low of 0.8613 pounds, LSEG data show. (jessica.fleetham@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 04, 2026 05:28 ET (10:28 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2608735088","isCrawlerRequest":true}