Tag Archives: BoE

The US Dollar Index rose for the second consecutive day, rising above 106.50, the highest level since last Friday. The dollar received a boost from higher Treasury yields and deteriorating market sentiment following the latest round of earnings results. The Dow Jones dropped 0.32%, and the Nasdaq lost 2.43%. The …

Official data showed on Wednesday that annual consumer price inflation in Britain settled at an 18-month low of 6.7 percent in September, contrary to economists’ expectations of a further deterioration. Financial markets expect the Bank of England to keep interest rates at 5.25 percent on November 2, after keeping them …

The GBP/JPY is rebounding from last week’s dip. It is a heavy week on the economic calendar for the Pound Sterling, with wages, inflation, and Retail Sales inbound.Dovish comments from BoE officials are capping upside potential for the GBP. The GBP/JPY is seeing gains for Monday, trading into 182.50 after …

The Pound Sterling has experienced a sell-off due to the Middle East conflict, affecting the market mood. UK manufacturing and construction activities are currently in a vulnerable phase due to higher mortgage rates. The Fed is expected to keep one more interest rate hike in consideration, while the Bank of …

Spot gold drops 0.56% to $1919.74 as the Fed’s decision to maintain and revise rates upward pressures gold prices.US real yields hit a YTD high at 2.115%, which continues to be a significant headwind for Gold.Mixed US economic data and hawkish stances from other central banks globally add to the …

The GBP/USD pair has registered losses on Thursday. The pair is trading at 1.2285, following the BoE’s decision to hold rates unchanged amid slowing UK inflation.US economic data reveals a mixed landscape with lower-than-expected Initial Jobless Claims and a plunge in the Philadelphia Fed Manufacturing Index.Given the solid US economy …

On Thursday, September 21 at 11:00 GMT, the Bank of England (BoE) is set to reveal its Interest Rate Decision. As the release time approaches, let’s take a look at the predictions provided by economists and researchers from 10 major banks. The consensus among these experts points to an anticipated …

When will the Bank of England announce its interest rate decision, and what potential impact could it have on GBP/USD? The Bank of England is widely anticipated to increase the Bank Rate, its benchmark interest rate, by 25 basis points (bps), moving it from 5.25% to 5.50%, with the announcement …

The GBP/JPY pair was seen falling back to the midline after failing to maintain its bullish advance. Regarding the imminent rate decision from the Bank of England, investors are waiting for guidance.The Japanese Yen’s momentum for the Wednesday session may be set off by data on the trade balance in …

The US Dollar modestly declined but remained above 105.00 on a calm week start. It marked the first daily loss after nine consecutive days of gains. This correction has taken place during quiet trading circumstances as markets await key central bank meetings. On Wall Street, stocks opened the week with …