Tag Archives: Bank of England


Euro Stages Comeback Against Majors

BoE Governor comments confuse market as sterling slides S + P upgrades Greece as single currency recovers losses Weakness in US stocks, rebound in Treasury’s see’s dollar lower Aussie dollar under pressure as RBA’s Stevens says rate cut on table

Categories: Market Commentary.


U.S. Dollar Gaines for 7th Week Ahead of Key Jobs Report

BoE leaves interest rates unchanged at 0.5% as expected Euro recovers after rivalries appear in ECB with regards to QE Greenback gained at least 3.8% versus all 16 major peers in last 3 months Asian currencies head for 6th weekly … Continue reading

Categories: Market Commentary.


Pound Continues to Impress Against Majors

Sterling supported by BoE Miles comments on earlier rate rise than 2015 Pound hits 20 month high versus euro US data impresses but fails to lift US currency Euro now seen as funding currency as tide turns against single unit

Categories: Market Commentary.


Sterling Strength Remains Ahead of BoE Rate Decision

Pound hits nine week high against euro Cable’s rally stalls but still close to five year high’s ECB to buy time with words not deeds Fed Chair Yellen avoids comments on forward guidance

Categories: Market Commentary.


Uncertainty over BoE guidance lifts Sterling to 7-week peak

• Next week’s jobless data could be key for pound. • EUR/USD gains on German trade data, Fed uncertainty. • Fed officials signal tapering is possible at Sep meeting. • Aussie set for best week since 2011 after Chinese data.

Categories: Market Commentary.


Pound Falls to 6-Month Low vs Dollar Before BOE Data

UK inflation steady, producer price rises slow in January Euro advances on signs Europe likely to cope with debt crisis Dollar trade remains subdued ahead of G20 meeting Yen climbs for 2nd day; Aussie gains

Categories: Market Commentary.


More QE speculation continues to weigh on Pound

Pound falls against greenback, looking set for further losses Euro moves within sight of a two-month low on Greece worries Dollar extends its gains as preferred safe-haven asset Yen hits seven-month low ahead of BoJ easing decision

Categories: Market Commentary.


Sterling dives on pessimistic BoE forecast

BoE cuts UK outlook and says crisis impact bigger than thought Speculations that Greece to receive bailout to support Euro Greenback keeps bullish amid economic uncertainties Yen drops to 6-month low as BoJ opts for more easing

Categories: Market Commentary.


Greece Bailout concern knocks Euro and Sterling

Sterling slips amid all eyes back to the UK recovery Euro zone focuses on German Economic Sentiment data Risk aversion supports green back Aussie declines on its slowdown concerns

Categories: Market Commentary.


Sterling/Euro at five-week high after BoE

Pound rallies vs euro as BoE left IR and QE unchanged. Euro remains bearish amid Spanish bailout request hesitation. Haven currencies extends gains while dollar took losses vs yen. Asia currencies advance as Obama’s win brings inflows.

Categories: Market Commentary.