BOE

The U.S. dollar edged higher in early European trade on Thursday, recovering from heavy losses in the previous session after the Federal Reserve opened the door to a September interest rate cut, while sterling fell ahead of the Bank of…

Basic OverviewThe US dollar has been steadily rising against most major currencies over the past two weeks, although the catalyst behind the move has been unclear. A good argument has been that most of the moves we have seen have been…

The decision is likely to be well balanced, with the bank expected to vote 6-3 or 5-4 in favor of a rate cut. But what are traders currently expecting from the decision? The OIS market is showing a ~61% probability of pricing in a rate cut…

Mon: Chinese Industrial Profit (Jun)Tue: Japanese Unemployment Rate (Jun), Australian Building Approvals (Jun), Spanish Flash CPI (Jul), Swiss KoF (Jul), German GDP (Q2), Prelim. CPI (Jul), EZ Consumer Confidence Final (Jul), US JOLTS…

By Mike Dolan LONDON (Reuters) - Is it the first country to raise interest rates, the first to hit its inflation target and the last to cut rates? It may be unwise to read too much into the volatile and marginal bets on interest rates in…

Investing.com - The US dollar rose to new highs on Friday as the Federal Reserve appeared more hawkish than its European peers, while the British pound continued to decline. At 05:00 EDT (09:00 GMT), the dollar index, which tracks the…

Da-kook/E+ via Getty Images London (United Kingdom) -0.30% UK retail sales rose 2.9% in May Germany (DAX:IND) -0.35% Manufacturing and service activities in Germany declined in June France (CAC:IND) -0.34% Preliminary France PMI…

As expected, the Bank of England (BOE) kept interest rates steady at 5.25% in a 7-2 vote of the Monetary Policy Committee last June. In its official statement, the Bank of England acknowledged that annual inflation fell to 2% in May, but…

Investing.com - The US dollar rose on Thursday, while the pound fell ahead of the Bank of England's latest policy meeting. At 04:00 EST (09:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,…

There were some cautious hints, subtle ones of course, provided by the Bank of England in today's interest rate statement. Let's dive right into it.First, they submitted this clip to the forward directive:“As part of the August…