{"id":20082,"date":"2025-06-19T20:51:21","date_gmt":"2025-06-19T20:51:21","guid":{"rendered":"https:\/\/www.vtmarkets.com\/th\/uncategorized\/20082\/"},"modified":"2025-06-19T20:51:21","modified_gmt":"2025-06-19T20:51:21","slug":"%e0%b9%80%e0%b8%87%e0%b8%b4%e0%b8%99%e0%b8%9a%e0%b8%b2%e0%b8%97%e0%b9%80%e0%b8%84%e0%b8%a5%e0%b8%b7%e0%b9%88%e0%b8%ad%e0%b8%99%e0%b9%84%e0%b8%ab%e0%b8%a7%e0%b8%ad%e0%b8%a2%e0%b9%88%e0%b8%b2%e0%b8%87","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/th-asia\/live-updates\/20082\/","title":{"rendered":"\u0e40\u0e07\u0e34\u0e19\u0e1a\u0e32\u0e17\u0e40\u0e04\u0e25\u0e37\u0e48\u0e2d\u0e19\u0e44\u0e2b\u0e27\u0e2d\u0e22\u0e48\u0e32\u0e07\u0e23\u0e30\u0e21\u0e31\u0e14\u0e23\u0e30\u0e27\u0e31\u0e07\u0e15\u0e48\u0e2d\u0e2a\u0e01\u0e38\u0e25\u0e40\u0e07\u0e34\u0e19\u0e2b\u0e25\u0e31\u0e01 \u0e04\u0e32\u0e14\u0e01\u0e32\u0e23\u0e13\u0e4c\u0e01\u0e32\u0e23\u0e1b\u0e23\u0e30\u0e01\u0e32\u0e28\u0e02\u0e2d\u0e07\u0e18\u0e19\u0e32\u0e04\u0e32\u0e23\u0e41\u0e2b\u0e48\u0e07\u0e2d\u0e31\u0e07\u0e01\u0e24\u0e29"},"content":{"rendered":"The Pound Sterling (GBP) is trading cautiously ahead of the Bank of England&#8217;s (BoE) interest rate decision. The expectation is for the BoE to maintain borrowing rates at 4.25%, with a 7-2 majority in favour of this.\n\nThe GBP\/USD pair remains subdued, touching a monthly low near 1.3380 during the Asian session but recovering above 1.3400 by the European morning. The BoE is likely to keep the bank rate steady at 4.25%, with no press conference to follow.\n\n<h3>Uk Inflation And The Pound&#8217;s Recovery<\/h3>\nThe Pound experienced a recovery as UK&#8217;s Consumer Price Index (CPI) showed a slight decline. UK inflation for May decreased to 3.4% year-on-year from 3.5% in April, matching forecasts.\n\nThe fall in inflation was influenced by lower airline and petrol prices, with services inflation easing to 4.7% from 5.4%. Month-on-month, the CPI rose by 0.2%, aligning with market predictions.\n\nThis week&#8217;s restraint in Sterling makes sense, given what\u2019s on the horizon. Market participants are largely accepting that the Bank of England intends to hold steady at 4.25%, as confirmed by projections of a 7-2 vote split within the Monetary Policy Committee. Much of the tension has already been priced in. There\u2019s no press conference and that absence is speaking volumes\u2014it usually signals that the Bank sees no urgency to steer policy expectations further via commentary.  \n\nLooking at inflation, the latest data offers some clarity, even if it doesn\u2019t radically alter the path ahead. Headline CPI softened slightly to 3.4%, matching what economists had pencilled in. That\u2019s the second month in a row of mild deceleration, hinting that price pressures are easing but not vanishing. The retreat in services inflation\u2014from 5.4% to 4.7%\u2014carries weight. Services tend to be more persistent, so shifts there can carry more predictive value for monetary authorities than volatile energy or food prices. Still, with airline fares and petrol costs both trending lower on a monthly basis, it\u2019s clear some temporary factors are helping the overall picture.\n\n<h3>Market Expectations And Volatility<\/h3>\nThe monthly rise in CPI\u2014just 0.2%\u2014also conforms to expectations, so there were no surprises on that front. That steadiness may reinforce the Bank\u2019s current distance from committing to further tightening or loosening, at least for now.\n\nIn the FX market, we\u2019ve seen GBP\/USD pressing below 1.3380 before recovering modestly during the European session. It\u2019s a muted move, reflecting restrained directional bets ahead of Thursday\u2019s rate announcement. Liquidity\u2019s there, but conviction is not. Momentum remains absent until a fresh policy jolt arrives.\n\nFrom a volatility perspective, implieds remain tame but are likely to firm slightly right around the decision window. If there&#8217;s scope for adjustment, it may come later in the wording\u2014possibly in the minutes\u2014more than the vote itself. That\u2019s where traders should pay closest attention. The focus lies in inflection points, not dramatic turns. \n\nYield differentials haven&#8217;t shifted enough to materially favour Sterling in the near term, so any temporary strength is likely to find overhead resistance without fundamental backing. The Pound is reacting in measured fashion, consistent with other policy-dense weeks\u2014pacing, rather than breaking\u2014so positioning needs to reflect that tone. \n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b>\n<p>\n\n<p><strong>\u0e40\u0e23\u0e34\u0e48\u0e21\u0e0b\u0e37\u0e49\u0e2d\u0e02\u0e32\u0e22\u0e17\u0e31\u0e19\u0e17\u0e35 &#8211; \u0e04\u0e25\u0e34\u0e01<a href=\"https:\/\/www.vtmarkets.com\/th\/trade-now\/\">\u0e17\u0e35\u0e48\u0e19\u0e35\u0e48<\/a> \u0e40\u0e1e\u0e37\u0e48\u0e2d\u0e2a\u0e23\u0e49\u0e32\u0e07\u0e1a\u0e31\u0e0d\u0e0a\u0e35\u0e08\u0e23\u0e34\u0e07\u0e02\u0e2d\u0e07 VT Markets <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\u0e15\u0e25\u0e32\u0e14\u0e40\u0e07\u0e34\u0e19\u0e1b\u0e2d\u0e19\u0e14\u0e4c\u0e2d\u0e31\u0e07\u0e01\u0e24\u0e29\u0e04\u0e36\u0e01\u0e04\u0e31\u0e01\u0e01\u0e48\u0e2d\u0e19\u0e01\u0e32\u0e23\u0e15\u0e31\u0e14\u0e2a\u0e34\u0e19\u0e43\u0e08\u0e2d\u0e31\u0e15\u0e23\u0e32\u0e14\u0e2d\u0e01\u0e40\u0e1a\u0e35\u0e49\u0e22 \u0e18\u0e19\u0e32\u0e04\u0e32\u0e23\u0e2d\u0e31\u0e07\u0e01\u0e24\u0e29\u0e04\u0e32\u0e14\u0e08\u0e30\u0e04\u0e07\u0e2d\u0e31\u0e15\u0e23\u0e32\u0e17\u0e35\u0e48 4.25% \u0e02\u0e13\u0e30\u0e17\u0e35\u0e48\u0e40\u0e07\u0e34\u0e19\u0e40\u0e1f\u0e49\u0e2d\u0e40\u0e23\u0e34\u0e48\u0e21\u0e25\u0e14\u0e25\u0e07 \u0e0a\u0e48\u0e27\u0e07\u0e19\u0e35\u0e49\u0e04\u0e32\u0e14\u0e01\u0e32\u0e23\u0e13\u0e4c\u0e04\u0e27\u0e32\u0e21\u0e40\u0e04\u0e25\u0e37\u0e48\u0e2d\u0e19\u0e44\u0e2b\u0e27\u0e02\u0e2d\u0e07\u0e1b\u0e2d\u0e19\u0e14\u0e4c\u0e2d\u0e22\u0e48\u0e32\u0e07\u0e23\u0e30\u0e21\u0e31\u0e14\u0e23\u0e30\u0e27\u0e31\u0e07<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-20082","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/th-asia\/wp-json\/wp\/v2\/posts\/20082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/th-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/th-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/th-asia\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/th-asia\/wp-json\/wp\/v2\/comments?post=20082"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/th-asia\/wp-json\/wp\/v2\/posts\/20082\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/th-asia\/wp-json\/wp\/v2\/media?parent=20082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/th-asia\/wp-json\/wp\/v2\/categories?post=20082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/th-asia\/wp-json\/wp\/v2\/tags?post=20082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}