Market AnalysisGBPUSD bounces after the BOE rate cut news runs its courseadminFffFF0or31rFebruary 6, 2025 by adminFffFF0or31rFebruary 6, 2025019 The GBPUSD experienced steady declines during the Asian session and ahead of the BOE rate decision. The Bank of England cut rates by 25 basis...
Market AnalysisBOE governor Bailey: Each member votes as what they think is bestadminFffFF0or31rFebruary 6, 2025 by adminFffFF0or31rFebruary 6, 2025017 There is no groupthink on the policy commitee Mann will be speaking in the near future and explain her position in much more detail I...
Market AnalysisBOE governor Bailey: I don't use the word "stagflation"adminFffFF0or31rFebruary 6, 2025 by adminFffFF0or31rFebruary 6, 2025017 We’ve had a flat economy after the pickup in the earlier stages of last year But our policy actions are anchored on the view that...
Market AnalysisBOE governor Bailey: We expect to be able to cut the bank rate furtheradminFffFF0or31rFebruary 6, 2025 by adminFffFF0or31rFebruary 6, 2025015 We will have to judge meeting by meeting how far and how fast The road ahead will have bumps There’s still a continued, gradual easing...
Market AnalysisBOE cuts bank rate by 25 bps to 4.50%, as expectedadminFffFF0or31rFebruary 6, 2025 by adminFffFF0or31rFebruary 6, 2025016 Prior 4.75% Bank rate vote 9-0 vs 8-1 expected (Dhingra and Mann actually voted in favour of a 50 bps rate cut*) Domestic inflationary pressures...
Market AnalysisSterling heavy ahead of BOE decisionadminFffFF0or31rFebruary 6, 2025 by adminFffFF0or31rFebruary 6, 2025017 Cable is down 0.7% on the day to 1.2419 with the pound being the laggard in the major currencies space. A softer UK construction PMI...
Forex NewsGBP/USD Forecast: Markets Cautious Ahead of BoE MeetingadminFffFF0or31rFebruary 6, 2025 by adminFffFF0or31rFebruary 6, 2025016 Market participants are pricing a 92% chance of a quarter-point BoE rate cut. US private jobs increased more than expected. Business activity in the US...
Market AnalysisBOE policy decision in focus todayadminFffFF0or31rFebruary 6, 2025 by adminFffFF0or31rFebruary 6, 2025015 The rate cut today should not offer too much surprises as the OIS market is also signaling that traders have priced in ~92% odds of...
Market AnalysisThe Bank of England (BoE) is expected to cut interest rates by 25bp at its meeting todayadminFffFF0or31rFebruary 6, 2025 by adminFffFF0or31rFebruary 6, 2025014 The Bank of England (BoE) is expected to cut interest rates by 25bp at its meeting today, Thursday, February 6, 2025. This will be the...
Forex NewsFX Watch: Key Levels for GBP/USD and GBP/AUD if the BOE Turns BullishadminFffFF0or31rFebruary 5, 2025 by adminFffFF0or31rFebruary 5, 2025017 The Bank of England (BOE) is widely expected to cut its interest rates later this week after a number of reports pointed to easing price...