{"id":270683,"date":"2026-02-06T12:48:10","date_gmt":"2026-02-06T12:48:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/270683\/"},"modified":"2026-02-06T12:48:10","modified_gmt":"2026-02-06T12:48:10","slug":"dovish-boe-surprises-markets-ing","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/270683\/","title":{"rendered":"Dovish BoE surprises markets \u2013 ING"},"content":{"rendered":"<p>ING&#8217;s Chris Turner discusses the Bank of England&#8217;s recent dovish stance, which was unexpected and has shifted market expectations towards potential rate cuts. Turner suggests that political pressures could delay the easing cycle, and expects <a href=\"https:\/\/www.fxstreet.com\/currencies\/eurgbp\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">EUR\/GBP<\/a> to find support at 0.8670\/80, with a bias towards 0.88 in the coming month.<\/p>\n<p>Market adjusts to dovish BoE<\/p>\n<p>&#8220;We see plenty of room for sterling to take the strain here and would look for EUR\/GBP to now find support at 0.8670\/80.&#8221;<\/p>\n<p>&#8220;Our bias over the next month is towards 0.88 as political pressure remains on Starmer and data slowly adds to the case for a March <a href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/boe\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">BoE<\/a> rate cut.&#8221;<\/p>\n<p>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)<\/p>\n","protected":false},"excerpt":{"rendered":"ING&#8217;s Chris Turner discusses the Bank of England&#8217;s recent dovish stance, which was unexpected and has shifted market&hellip;\n","protected":false},"author":2,"featured_media":270684,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":{"0":"post-270683","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/270683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=270683"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/270683\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/270684"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=270683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=270683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=270683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}