Just four months ago, the BOJ made a baby step toward normalizing its ultra-loose monetary policy, ending the negative 0.1% short-term interest rate that had prevailed since January 2016, lifting such to 0.0-0.1%. By a 7-2 margin with two dissents in favor of another baby step, the short-term call rate was raised to 0.25%, as […]
* This article was originally published here
Wednesday, July 31, 2024
Tuesday, July 30, 2024
Monday, July 29, 2024
Sunday, July 28, 2024
Saturday, July 27, 2024
Friday, July 26, 2024
Awaiting U.S. PCE Price Deflator
Recent equity losses were trimmed ahead of the U.S. open in a bout of bottom-fishing. Share prices closed up 0.9% in Indonesia and 0.8% in South Korea and Taiwan. U.S. stock futures and equity futures in Germany, the U.K. and France are up, too. But Taiwan, which had been closed, saw a slump of 3.3%. […]
* This article was originally published here
* This article was originally published here
Thursday, July 25, 2024
Wednesday, July 24, 2024
Pound Sterling to Dollar Exchange Rate Forecasts Live: 1.18-1.25
Danske Bank forecasts a Pound to Dollar (GBP/USD) exchange rate slide to 1.18 on a 12-month view.
Credit Agricole expects GBP/USD to be held at 1.25 at the end of...
* This article was originally published here
* This article was originally published here
Tuesday, July 23, 2024
Monday, July 22, 2024
Pound Sterling Today: Traders Prepare for Seismic UK, French and US Elections
The Pound to Dollar exchange rate is trading close to 3-week highs ahead of major economic and political developments on both sides of the Atlantic.
After the...
* This article was originally published here
* This article was originally published here
Sunday, July 21, 2024
Saturday, July 20, 2024
Friday, July 19, 2024
Thursday, July 18, 2024
Coming Week’s Menu: July 14-19, 2024
Central Banks: Interest rate polices will be reviewed in South Africa, Turkey, Indonesia and Egypt as well as by the Governing Council of the European Central Bank. The Federal Reserve publishes its latest Beige Book of regional economic trends, and Chairman Powell heads a lengthy list of Fed officials scheduled to speak publicly including Bowman, […]
* This article was originally published here
* This article was originally published here
Wednesday, July 17, 2024
Pound to Dollar Exchange Rate "Dragged" Lower with Euro
The Pound to Dollar (GBP/USD) exchange rate has crawled away from 6-week lows at 1.2613, but has not been able to make much headway as the dollar remains...
* This article was originally published here
* This article was originally published here
Tuesday, July 16, 2024
Monday, July 15, 2024
French Election Shock: Pound to Euro Rate Hits 10-Day Best as One Fear Replaced by Another
The Pound to Euro (GBP/EUR) exchange rate hit 10-day highs at 1.1850 in an immediate response to the French election before settling around 1.1825.
Ahead of the second...
* This article was originally published here
* This article was originally published here
Sunday, July 14, 2024
Saturday, July 13, 2024
BoE and Pound Sterling Outlook: Odds of an August Cut Increase to 60%
The BoE kept rates on hold as expected. While there was no commitment to a cut in August, the tone was dovish and markets are now 60% pricing it in. Elsewhere,...
* This article was originally published here
* This article was originally published here
Friday, July 12, 2024
Thursday, July 11, 2024
Wednesday, July 10, 2024
GBP/EUR 3-Week Exchange Rate Lows After French Election First Round
The Pound to Euro (GBP/EUR) exchange rate retreated to 3-Week lows around 1.1775 after the French election results.
There was some relief on expectations that the...
* This article was originally published here
* This article was originally published here
Tuesday, July 9, 2024
Monday, July 8, 2024
Sunday, July 7, 2024
Pound to Dollar Week Ahead Forecast: Three Week Best Conversion Rate to Hold?
The Pound to Dollar (GBP/USD) exchange rate strengthened to 3-week highs above 1.2800 on a combination of weaker dollar and positive reaction to the UK General...
* This article was originally published here
* This article was originally published here
Saturday, July 6, 2024
Friday, July 5, 2024
Pound Election Update: Sterling Retreats to 10-Day Lows vs Euro
The Pound to Euro (GBP/EUR) exchange rate has continued to drift lower with a decline to 10-day lows around 1.1815 amid stronger expectations that the Bank of England (BoE)...
* This article was originally published here
* This article was originally published here
Thursday, July 4, 2024
Next Week’s Menu: June 29-July 5, 2024
Central Banks: Policy meeting is scheduled at the National Bank of Romania. Minutes will be published of prior policy meetings at the Federal Reserve, European Central Bank and Reserve Bank of Australia. The Bank of Japan’s quarterly Tankan survey of corporate perceptions and expectations will be released. Special Events and Holidays: The week ahead is […]
* This article was originally published here
* This article was originally published here
Wednesday, July 3, 2024
Tuesday, July 2, 2024
Monday, July 1, 2024
Pound to Euro Exchange Rate Forecast: 1.19 Lost?
The Pound edged higher after the latest UK inflation data. The evidence of further sticky services-sector inflation increased doubts whether the Bank of England would cut...
* This article was originally published here
* This article was originally published here
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