ForexLive European FX news wrap: Dollar takes a chill pill, BOE cuts bank rate as expected ...Middle East

Headlines:Dollar gains cool off for the time beingWeekly update on interest rate expectationsBOE cuts bank rate by 25 bps to 4.75%, as expectedBOE governor Bailey: We still need to see services inflation to come down more broadlyFed to cut interest rates at a quarterly pace after December - JP MorganDeutsche Bank now sees base case for ECB terminal rate forecast at 1.50%Eurozone September retail sales +0.5% vs +0.4% m/m expectedGermany September industrial production -2.5% vs -1.0% m/m expectedGermany September trade balance €17.0 billion vs €20.9 billion expectedGermany October construction PMI 40.2 vs 41.7 priorHalifax October house prices +0.2% vs +0.2% m/m expectedMarkets:AUD leads, USD

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ForexLive European FX news wrap: Dollar takes a chill pill, BOE cuts bank rate as expected ...Middle East

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