{
  "id": 1923209,
  "title": "British Pound: Carry appeal keeps Sterling resilient as BoE stays on hold – ING",
  "url": "https://urgent.news/2026/08/19/british-pound-carry-appeal-keeps-sterling-resilient-as-boe-stays-on",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T11:26:14.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/british-pound-carry-appeal-keeps-sterling-resilient-as-boe-stays-on-hold-ing-202608191126"
  },
  "original_language": "en",
  "account": "ING's Chris Turner discusses the impact of the July UK Consumer Price Index (CPI) on EUR/GBP, citing that limited impact was observed. Food inflation remained benign, and the Bank of England's core services measure of inflation only slightly increased to 3.8%. Although the BoE may not need further interest rate hikes, this sentiment may not affect Sterling until later in the year. ING believes that Sterling's low-volatility environment and strong carry appeal still contribute to its resilience, estimating EUR/GBP to hover around 0.8550.",
  "summary": "ING’s Chris Turner, citing UK economist James Smith, notes that July United Kingdom (UK) Consumer Price Index (CPI) had limited impact on EUR/GBP, with benign food inflation and only a modest uptick in the Bank of England’s core services measure to 3.8%.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "British Pound Sterling's three-month high was made in America",
        "url": "https://urgent.news/2026/08/18/british-pound-sterlings-three-month-high-was-made-in-america",
        "published": "2026-08-18T22:33:28.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}