Tag Archives: Bank of England


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.


Sterling climbs higher before PMI to add confidence to UK recovery

Strong UK data lowers chances of QE next week Euro drifts lower against pound amid EU official comment Dollar remains unchanged ahead of Job and Manufacturing figure Yen weakens on BoJ easing risk; Aussie rises on China data

Categories: Market Commentary.


EU optimism hikes risk appetite, supporting both Sterling and Euro

• Sterling lifted by positive job data and BoE minutes • Euro performs firmly on positive expectation of summit results • US stock markets trade higher, reduce demand for haven assets • Yen reaches one-month low on stock gains and … Continue reading

Categories: Market Commentary.


GBP/Dollar Hits 1.61 Level ahead of UK Inflation

• UK Inflation expected to fall to three-year low, boosts GBP • Euro to be supported on European Union Leaders meeting • US dollar rises against Yen on strong economic data • Kiwi dollar falls on slower than expected inflation

Categories: currency market.


Weak data drags GBP/USD to one-month low, adding risk of more QE

Sterling breaks below 1.60 vs USD, vulnerable to more falls. Euro declines for third day before Industrial Production figures. Dollar gains against majors ahead of Beige Book. Aussie dollar halted a two-day gain results from weak labour data.

Categories: Market Commentary.