Bank of England (BoE)

The currency markets practically went nowhere this week in a clear indication in the run up to the high impact news releases this week. However, today marks one of the busiest days for the currency markets in the week with some major news…
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The British Pound saw a volatile trading day as two major economic events were on the tap. Enjoying its strong rally, the Pound Sterling was already trading at yearly highs ahead of the April jobs report. Data released by the ONS showed…
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Greece is desperately running from one deadline to another, with no time to find a life-saver and increasingly closer to a grim denouement. Yesterday, Greece managed to overcome a possible situation of default as it paid its debt by using…
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A weaker Yen this week The Japanese Yen paused in its strong rally seen since early January as the currency weakened across the board. There was no major economic data to support the Yen’s weakness this week although data was mostly…
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Key Notes: Australia MI leading index m/m -0.3% vs. 0.1% previously Australia CPI q/q 0.2% vs. 0.1%; CPI y/y 1.3% vs. 1.7% previously; trimmed mean CPI q/q 0.6% as expected BoE Meeting minutes Italy retail sales -0.2% vs. 0.1%…
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The Forex daily summary for 9 April features Australia AIG construction index, Japan preliminary machine tool orders, Canada building permits and more
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