Bank of England (BoE)

Of the major central banks, the BOE is generally seen as the most likely to begin the process of rate "normalization". That means the start of the dreaded taper. And there is an increasing number of analysts who suggest it could start at…
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The BOE is not immune from the global inflation headache. Central bankers are having to balance the need to continue supporting the economy for the next few months against the market expectation that the economic reopening will spur…
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Tomorrow there is a host of economic data out of the UK just before the markets open. So, we could be looking at a pretty active session for cable. Out of all the numbers to be released, the one to get the most attention will be the…
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Last week’s highlights RBA surprises with more QE The Reserve Bank of Australia held its monetary policy meeting last week. In a surprise to the markets, the central ramped up its QE purchases. Following the announcement, the Australian…
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There is quite a bit of market anticipation ahead of tomorrow's BOE meeting. In fact, there is the potential for some market-altering announcements. With the interest rate at 0.1%, there has been increasing speculation that the BOE might…
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Last week’s highlights Australian exports rise by 5.5% in Q4 2020 Export prices in Australia rose by 5.5% on a quarterly basis ending December 2020. The official data from the Australian Bureau of Statistics showed that it beat the…
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While the press focuses on the potential ramifications of the scheduled conversation between UK PM Johnson and EC President von der Leyen (again), data is still coming out, driving the markets. There has been an improvement in sentiment…
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In terms of monetary policy, we're closing out the year with a lot of activity. Many of the important central banks meet this week to set policy over the holidays. This could set forex trends for the next month. We are approaching a…
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Dollar retreats Ahead of Fed Meeting The dollar index fell by 0.21% yesterday after initially spiking over the 94 handle. However, it could not maintain its grip as the gridlock in the election resulted in a choppy session for the…
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Tomorrow the Reserve Bank of Australia convenes to decide where they will set the interest rate. They'll also discuss potentially expanding their asset purchase program. The meeting happens in the middle of some significant risk events…
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