British Pound (GBP) – Bank of England and Inflation Data on Deck Next Week
UK inflation is expected to fall further next week and that may give the Bank of England a bit of wiggle room when discussing future rate cuts
Read More »BoE’s Greene says inflation persistence a greater threat in the UK than the US
Markets now expect the Bank of England will cut rates earlier and by more than the Federal Reserve this year UK services inflation remains much higher than in the US…
Read More »Forexlive Americas FX news wrap 22 Mar. USD moves higher while yield move lower.
Nasdaq index closes at a new record high. S&P and Nasdaq close lower today US crude futures settle at $80.63 ECB Centeno: Policy must, and will follow the inflation reality…
Read More »Is cable really going back into the range?
Cable is probably the most-interesting chart on my radar at the moment. It spent nearly two months in a 200-pip range from roughly 1.2600 to 1.2800. And it was a…
Read More »Bank of England Chief Economist Huw Pill speaking Monday, 5 February 2024
On the agenda from the BoE today: 1730 GMT / 1230 US Eastern time: Bank of England Chief Economist Huw Pill takes part in an online Q&A organised by the…
Read More »Where to next for USD/JPY, GBP/JPY and GBP/USD following BOE and BOJ rate decisions?
Outlook on USD/JPY, GBP/JPY and GBP/USD as US dollar is on track for its tenth straight week of gains.
Read More »UK inflation in focus in the session ahead
Major currencies continue to stay in a rather subdued mood, with there being little change today after the mixed showing yesterday. The main focus is on the Fed decision today,…
Read More »The Midweek Update 22 March 2023
Pre-FED anxiety is the mood today as markets await the key interest rate decision from the U.S Dollar The Greenback rolls into midweek trading at a monthly low (102.82) ahead…
Read More »Emerging Market Currencies Around 19.0000
USDIndex, Daily The USDIndex has stabilised after correcting yesterday in the wake of US bank troubles that pulled global stock markets lower. Wednesday’s post Powell 105.85 2023 high has now…
Read More »GBPJPY: BoJ prompts strong rally
In today’s Asian trading session, the Bank of Japan announced that it kept its accommodative monetary policy unchanged, with its benchmark interest rate and 10-year government bond yield holding steady…
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