Tag Archives: BoE

The Global Macro Pulse

The better than expected US non-manufacturing ISM has boosted risky assets in Asia. All Asian equity markets have risen, with the Nikkei up 0.4%, the Hang Seng up 0.5% and Kospi up 0.8%.

The main event is the ECB meeting, where we expect a refi rate cut to 0.1%. During January we have seen low inflation and declining inflation expectations combined with higher short-term money market rates

UBS Morning Adviser

Whither EURGBP if/when BoE and ECB diverge? The February decisions by the ECB and BoE (next week’s inflation report included) may put

GBP/USD Analysis

The pair closed in NY Wednesday at $1.6310 after rate had been pressed to lows of $1.6252, challenging its 100-dma (today at $1.6255) as euro-sterling was forced through resistance at stg0.8327-33 (high stg0.8334) to

FX: When music stops…

With stock markets at crucial trend support levels, risk sentiment is at risk. Will good news be bad news for the USD?

The Week Ahead in FX

In the week ahead, investors will be keenly anticipating Friday’s U.S. nonfarm payrolls report for January after December’s report showed that the economy added far fewer jobs than expected.

Weekly Forex Report

Despite long-term range, an upside trading opportunity is eyed We question if the near 30% appreciation of the Chinese Yuan versus the US Dollar since 2005 might partially reverse over the course of the year.

Daily FX Wrap and Strategy

Good morning all and once again the open has the NZD trading marginally above the 0.8300 level. With understandably greater focus on the performance of the

BoE Held Libor Talks A Year Before the Scandal

The Bank of England discussed with top London currency dealers their process for setting foreign exchange rates more than a year before a global investigation into alleged manipulation, according to a document shown to Reuters by the bank.

Weekly Forex Report

Nonfarm payrolls leave the door open for a taper in December In the US, upward revisions for the third quarter growth and inflation slightly added to the recent improving economic outlook.

Daily FX Wrap and Strategy

After touching below 0.8160 overnight the NZD/USD has returned to trade above 0.8210 this morning. There was little on the domestic agenda to drive the currency yesterday,

Daily FX Wrap and Strategy

This will be my last BNZ Markets Wrap & Strategy. Thanks for your interest and readership and over the past few years. All the best, Mike.