Bank of England (BoE)

Credits: Image via SouthEastern Star/ Flickr On Wednesday, the EUR/USD major hit a three-month high at 1.1079, adhering still to the bullish tone. Overall, the risk aversion surrounding the greenback boosted the EUR and gave an additional…
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On Wednesday, the AUD/USD flashed in a knee-jerk rally of around 30 pips, getting close to the 0.7050 handle and reaching towards 0.7000 as good data came out from the Chinese officials regarding their trade volume growth. The fairly…
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Wednesday marked the release of China’s consumer prices for the month of November. Numbers came out higher than expected at 1.5% yoy (year-on-year), with a forecast of 1.4% and a previous recorded 1.3% yoy growth in October. The new…
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The Single currency's decline in the past week is evidence of a major pricing in factor ahead of the December ECB meeting. The single currency declined nearly -5.62% against the British Pound while losing -6.27% to the US Dollar over the…
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Australia’s officials released on Wednesday the latest retail sales figures, which came in line with expectations at 0.4% mom (month-on-month). The numbers acted as a support for the AUD/USD trend over the course of the last couple of days.…
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The markets are all about the BoE today as the Central Bank meets in an hour from now. The BoE monetary policy announcement will be followed by the release of the MPC minutes and the quarterly inflation report. Continuing global economic…
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The Bank of England is due to meet today at 1100 GMT as expectations call for the BoE to keep its policy unchanged. Of particular interest will be the MPC votes which as of the last meeting saw one dissenter voting in favor of a rate hike.…
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In the US, Fed has decided with 100% of votes that the interest rate should be kept at the same level as in the past months. Although the decision was widely debated in the statement, there are no hints about a future lift-off. The target…
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The final revision to the first quarter GDP for 2015 showed that the UK economy expanded by 0.4% against earlier estimates of 0.3%. The third and final revision comes after the initial estimates of 0.3%. On an annualized basis, UK's growth…
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