Bank of England (BoE)

The market appears to be pricing in a 50-50 chance that the BOE Rate Decision will cut rates when its policy meeting ends tomorrow. That means the market is likely to react no matter what happens. But there are some indications that a cut…
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USD JPY continues recovery The Japanese yen kept the pressure on the greenback as price action continued falling. The pair has fallen over 500 pips, and the bearish mood means that pullbacks have given rise to opportunities for the sell…
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Wednesday sees the release of a series of data points from around the world that typically have an impact on the markets. Global PMIs surveys are among the 'freshest' data available to traders. The flash figures, which we will be getting…
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The chances of a rate cut from the BOE are on a knife's edge at the moment, so the usual barrage of UK data this week could have a major impact on the markets. Cable has been riding a post-election high, with markets expecting slightly more…
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USDJPY looking for another high The Yen stopped short of overturning a lift against the dollar as the pair rose towards another high. According to the latest USDJPY forecast, The pair cut through the round number of 161.00, which sat at…
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So far, the pound has been one of the winners of the General Election. Cable has generally been higher over the course of the campaign, as polls showed who would win by a wide margin. And, unlike in France, the polls ended up being largely…
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What Impact with the UK Election Have on Cable? Britons are headed to the polls today, and are widely expected to vote for a new Prime Minister. The shift in parties in control of the government often has implications for fiscal and…
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Last week's UK CPI and the results of the BOE left the pound in a somewhat unique situation. The more pressing matter for traders is trying to figure out if there will be a rate cut at the next meeting. But a broader view of the major…
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GBPUSD remains under pressure BoE interest rates kept Cable downbeat as they remained on hold., denting Conservative hopes of a boost to finances just two weeks before the general election. With labour expected to take a victory with…
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