BOE

Basic overviewThe US dollar has weakened across the board recently due to a more dovish than expected FOMC decision last week as the Fed decided to signal a further tapering of the QT period starting in June and Fed Chairman Powell…

Mon: UK Bank Holiday; EZ Final Composite & Services PMIs (Apr), Sentix (May) Producer Prices (Mar).Tue: RBA Announcement, EIA STEO; Swiss Unemployment (Apr), German Trade Balance (Mar), EZ Construction PMI (Apr).Wed: Norges Bank H1…

Citi FX analysts highlighted a dovish shift in the Bank of England's (BoE) recent remarks, which has led to a weaker British Pound (GBP) at the start of the week. The comments from BoE officials Bailey and Ramsden last week suggested that…

US Dollar Index Price and AnalysisUS The dollar index prints a fresh one-month high.Sterling continues to re-price lower after Thursday’s dovish BoE meeting.For all major central bank meeting dates, see the DailyFX Central Bank Calendar…

British Pound Price and AnalysisGBP/USD has slipped below the $1.27 markThe Dollar has gained broad support from suspicions that the FedThe Bank of England isn’t expected to alter policy, but its voting split will be fascinatingLearn how to…

Week Ahead, March 18-22ndMon: Chinese Retail Sales (Feb), EZ Final CPI (Feb)Tue: BoJ Announcement, RBA Announcement; German ZEW Survey (Mar), Canadian CPI (Feb)Wed: FOMC Announcement, PBoC LPR, BCB Announcement, CNB Announcement, BoI…

BoE Stands Pat (Vote Split: 2 Hike, 6 Hold, 1 Cut)BoE keeps rates unchanged – MPC casts first vote for a rate cut but two hawks hold firm, voting for another hikeBoE forecast sees inflation fast approaching target only to turn higher until…

Markets Week Ahead: Fed and BoE Decisions, US Jobs Data, Microsoft, Apple, Amazon ReportThe last week of January is traditionally very busy and this year is no different. The economic calendar is packed full of market-moving events…

Sun: New Zealand Trade BalanceMon: Japanese Unemployment (Dec)Tue: Israel Municipal Elections; Spanish Flash CPI (Jan), Swiss KOF (Jan), German Flash GDP (Q4), EZ Flash GDP (Q4), EZ Consumer Confidence Final (Dec), US Home Prices (Nov),…

British Pound Fundamental OutlookIn the Q4 British Pound forecast we questioned whether the Bank of England (BoE) was finished hiking interest rates and if they would ease into a period of consolidation to let the raft of rate hikes work…