Bank of England (BoE)

The latest series of political scandals in the UK made an incursion into the markets today. Specifically, the Financial Times ran a headline suggesting this was the worst political situation since moving into 10 Downing Street. The…
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GBPUSD rises on BOE hike bets The pound soared on the prospect of rate hikes in the UK. Prime Minister Boris Johnson has announced that no new restrictions were needed against the omicron variant, clearing the path for the BOE to act…
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EURUSD consolidates over high inflation expectations The euro treads water near an 18-month low as inflationary pressures build up. The ECB has pledged to maintain its monetary policy support, arguing that inflation will drop below…
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Over the course of the next 48 hours, more than 14 world central banks that are regularly tracked by the market will have monetary policy meetings. As you might expect, that could occasion a lot of added volatility across a significant…
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There are two big events for the pound scheduled this week. The first is tomorrow's release of employment data, which will likely be the key deciding factor for the second event: the BOE's interest rate decision on Thursday. There is…
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GBPUSD attempts to rebound The sterling consolidates as BOE officials stress due to inflationary pressure from a tight labor market. So far, rebounds have been an opportunity for trend followers to sell into strength. The pound is…
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It's no secret that higher inflation around the world is perhaps the single largest driver of fiscal policy and currency market moves. But that's not the case for all economies; meaning that there are disparate market reactions to the…
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Up until recently, employment data was one of the key drivers of expectations around fiscal policy. Even though that's not so much the case anymore, jobs numbers are still a major influence on the markets, particularly going into the end of…
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Tomorrow we have an avalanche of data from the UK just before the market opening. Several bits are key for economic projections and whether or not the BOE will finally go through with its rate hike. Here's a reminder of what the BOE has…
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