Tag Archives: BoE
FX: price matters
Inflation is this week’s theme: May HICP and ECB’s revisions are key for EUR. The Market is sceptical about higher Fed funds rate projections, but a pickup in wage growth would cause repricing…
The Week Ahead in FX
In the week ahead, investors will be looking to Friday’s U.S. nonfarm payrolls report for May for further indications on the strength of the labor market,
FX: final call, EURUSD
The EURUSD tapped the 200D MA, but still needs to confirm on higher volume. The USD uptrend has begun? Not if USDCHF stalls here.
Weekly Report
The BoJ remains confident with its inflation outlook As expected the Bank of Japan (BoJ) left unchanged its monetary policy on 21 May.
BOE May Minutes: Some MPC See Case For Earlier Hike
The Bank of England Monetary Policy Committee is split, with some members seeing the case for an earlier hike, although the vote for unchanged policy was unanimous, the May minutes revealed.
BOE Bean: Exit From Exceptional Stimulus Won’t Be Easy
Bank of England Deputy Governor Charles Bean in his valedictory speech says that the exit from exceptional monetary stimulus will not be easy.
The Global Macro Pulse
The USD has weakened slightly. EURUSD has risen above 1.370 from a low of 1.369 earlier. USDJPY remained in a tight range and seemed firmly capped below 101.60.
BOE Carney: Edging Closer To Point Where Hike Needed
Bank of England Governor Mark Carney said Wednesday that the UK economy has edged closer to the point at which Bank Rate will need to rise off its emergency 0.5% setting.
BOE May QIR: Faster Jobless Fall; Inflation Forecast Steady
The Bank of England Monetary Policy Committee in its May Quarterly Inflation Report accepted that productivity growth is likely to be slower than it previously expected, and forecast a much more rapid fall in unemployment.
The Global Macro Pulse
EUR edged higher to 1.3717 after briefly trading below 1.37 at the NY close. USDJPY reversed yesterday’s gain, falling steadily to 102.15.
BOE QIR: Putting the Focus Back On Inflation Projections
Analysts expect the Bank of England Monetary Policy Committee may use Wednesday’s May Quarterly Inflation Report and accompanying press conference to
FX: not there yet
Draghi did it. A strong correction in the EURUSD is not a change in trend, but the trend support is near…