Tag: Bank of England
Week Ahead: FOMC, BoJ, NFP, BoE, ISM Mfg. PMI, OPEC+ JMMC | Forexlive
The upcoming week is packed with important economic events and announcements that could have a significant impact on global markets. Here's a breakdown of some key events to watch out for:- On Monday, we'll...
Bank of England Preview: Dovish Hold and Limited EUR/GBP Downside – Action Forex
The Bank of England (BoE) is expected to maintain the Bank Rate at 5.25% on August 1st, despite market expectations for a 25bp cut to 5.00%. The decision is anticipated to be very close,...
GBP Forecast: Bank of England Speakers Return – ING
The first week of Keir Starmer as UK Prime Minister is being closely watched by the markets, according to FX analyst Francesco Pesole from ING. The election day did not bring any significant movements...
Pound Sterling Rises as UK Starmer Wins and Fed Rate-Cut Bets Increase
The Pound Sterling is showing strength against the US Dollar as expectations for Federal Reserve rate cuts in September have increased. This positive momentum is attributed to Keir Starmer's significant win in the UK...
Bank of England MPC Member Haskel to Address Inflation on Monday
High risk warning:
Foreign exchange trading has a high level of risk that may not be suitable for all investors. When you use leverage, you are creating additional risk and exposure to potential losses. Before...
BoE August Rate Cut Increases, EUR/GBP Recovery Delayed
Thursday's statement from the Bank of England (BoE) indicates that there may be an interest rate cut coming soon, according to ING's FX Strategist Francesco Pesole. He believes that an August rate cut is...
Bank of England August Rate Cut Review: Action Forex Analysis
The Bank of England (BoE) has decided to keep the Bank Rate unchanged at 5.25% as expected. The vote split remained the same as in the May meeting, with 7 members voting for no...
Bank of England to Keep Rates Unchanged and Approach Cautiously
The Bank of England is set to keep its policy rate unchanged for the seventh consecutive meeting on Thursday. Despite the recent increase in disinflationary pressures in the UK and speculation about two interest...
GBP Volatility Ahead: Bank of England Verdict – Action Forex
GBP/USD
In the first half of this trading week, the GBP/USD pair has been holding steady above the key range of 1.2700-1.2650, making efforts to continue its upward movement. However, the Bank of England meeting...