GBP

The Bank of England will be holding its monetary policy meeting today. The latest decision on the BoE’s interest rate will be unveiled. No changes are expected from the BoE which will leave rates steady at 0.75%. The Bank of…
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We've got two major events coming up tomorrow that could rile up the currency markets. The first is in Europe and the second in the US session. The market is paying extra attention to inflation data as central banks across the board are…
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UK's Leadership Contest Officially Begins Right now, there are whopping 10 lead candidates gunning for Theresa May's title at Downing Street. Nominations for the position took place on Monday, requiring support from 313 Tory MPs to…
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The US dollar index held strong on Wednesday amid a mixed sentiment in the market. The 10-year Treasury yields hit a fresh 20-month low while equity markets closed in the red. A number of narratives have kept the risk assets in check…
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The markets were trading cautiously albeit amid a slight risk-on sentiment prevailing. US stocks closed slightly higher while safe haven assets shed their recent gains. President Trump said on Tuesday that he was not yet ready for a deal…
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The Federal Reserve released the monetary policy meeting minutes late yesterday. The minutes revealed that policymakers were committed to keeping interest rates steady over the next few months. Members raised their expectations on…
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Tomorrow we will be getting a host of data out of the UK. Some of it is likely to move the markets significantly, and some of it won't. We could see a bunch of volatility, with the market trying to digest a lot of moving parts all at…
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Lack of economic data and fresh trade rhetoric saw the markets trading rather subdued on Monday. The US dollar index was trading flat although price remains steady near the recent highs. Wednesday’s FOMC meeting minutes could be the main…
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Beating estimates, Japan’s first-quarter GDP grew at a pace of 0.5%. On a year over year basis, Japan’s GDP advanced 2.1% during the January through March period, supported by government spending. Capex fell 1.2% on the year while…
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The Bank of England will be holding its monetary policy meeting later today. Investors at large expect the central bank to keep rates steady at 0.75%. The BoE’s meeting is gaining prominence after months of Brexit uncertainty. The central…
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