A series of votes on Brexit in the UK Parliament look set to dominate trading in GBPUSD ahead of next week’s meeting of the Bank of England’s monetary policy committee.
Thank you, Mark, and thanks to the Bank of England for the opportunity to talk about the important issue of reference rates. I will focus my remarks today on reference rate reform in the United […]
The Bank of England governor and three MPC members are giving their views on the May Inflation Report to the Treasury Select Committee and Sterling seems to like what has been said so far.
The latest UK employment report suggests a robust UK labor market but the data are insufficient on their own to persuade the Bank of England to increase interest rates.
Mark Carney is not so much an unreliable boyfriend as a schoolboy who keeps getting his homework wrong. The Bank of England governor gave his quarterly review of the economy last week and yet again […]
With the Bank of England completing the round of central bank meetings for the Spring, economic data will move to the forefront next week. The highlights will come from Japan’s GDP readings for the first […]
The Bank of England voted to hold interest rates unchanged on Thursday, but still expects to hike its key interest rate over the coming years, saying that a slowdown in economic expansion in the first […]
It’s been a busy morning across global markets, and the US Dollar has continued to pullback after running into resistance yesterday. GBP/USD is grinding at support after this morning’s Super Thursday rate decision at the […]
Sterling traders will be watching the latest data coming out from the Bank of England policy meeting with added QIR and meeting minutes to help shape GBP trading ahead.
GBPUSD falls after Bank of England neutral hold, while inflation and GDP forecasts had also been lowered. Markets have now priced out a full 25bps rate hike for 2018, while August bets fall to 42%.