Tag Archives: BoE
The Week Ahead in FX
In the week ahead, investors will be focusing on Friday’s U.S. nonfarm payrolls report for November, amid expectations that the Federal Reserve will start to
US Morning Update
We continue to look for opportunities to sell EURUSD on rallies between 1.3540 and 1.3570, particularly with USDJPY still comfortably above the 101.00 mark.
Weekly Forex Report
Why did gold rally in the first place? The first question that springs to mind when contemplating gold is what exactly are we buying?
FX Viewpoint: let it flow
“Confidence leaves on horseback, but returns on foot” – Dutch proverb Listening to ECB’s Mersch last Friday, I got the impression that further ECB measures are not imminent and the outright QE, hinted by Praet last week, while legally possible, is not on the cards.
Weekly Forex Report
The Bank of England moves from pessimism to optimism The quarterly inflation report published on 13 November reveals upbeat forecasts on growth and unemployment by the Bank of England (BoE).
FX Viewpoint: USD bulls awake
“I think I will abstain from judging the markets. This is one of the hardest things to do and it is usually quite useless because they do what they want, no matter what.”
The Global Macro Pulse
Overnight Price Action Most equity markets are down in Asia today. S&P futures are off 0.2%, the Nikkei has fallen 0.6%, the HSI is off 0.7%, Kospi is down 0.4%, and
FX Daily Strategist: Europe
USD vulnerable following disappointing US employment growth The USD continues to come under pressure following yesterday’s disappointing US payroll employment report.
Trading recommendation: Sell GBP/USD
• In our view, the surge in GBP/USD since the spring is related to expectations of stronger growthon the back of improving indicators and
Daily FX Update
TAPERING, THRESHOLDS, FORECASTS & TONE * USD is mixed as markets await the Fed announcement.
US Morning Update
Major Overnight Headlines • BoE MPC unanimous in keeping policy on hold in Sept., says spare capacity may be starting to “fade”
BOE Minutes: A unanimous MPC
Policy decision: The MPC voted unanimously to leave the Bank rate at 0.5% and the target for the asset purchases unchanged at GBP 375bn and