Bank of England keeps interest rates on hold
Dec 14, 2017 15:01 pm UTC| Commentary Central Banks
The Bank of England kept the interest rates unchanged as expected today. Furthermore, the voting records indicate that all the members supported the decision with the collective judgment being that it was too soon the...
FxWirePro: Brexit bonkers fade away, BoE stays pat, hedge tailwinds in FTSE and EUR/GBP in 2018
Dec 14, 2017 12:58 pm UTC| Research & Analysis Insights & Views Central Banks
The monetary policy committee voted to leave interest rates on hold at 0.5% in a unanimous decision. The BoE also maintained its current quantitative easing stimulus program, which has bought 435 billion of government...
FxWirePro: What to expect from ECB ahead?
Dec 14, 2017 12:05 pm UTC| Commentary Central Banks
Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 12:45 GMT, followed by a press conference at 13:30 GMT. The meeting is to be held in Frankfurt, Germany. Current...
FxWirePro: Hedge correlation between EUR/USD and NDX, upside risk looming in US tech sector
Dec 14, 2017 11:58 am UTC| Research & Analysis Central Banks
We have woken up this morning unsurprised by the Fed decision and the market response; indeed, the policymakers median forecast is now fully aligned with our call that there would be three further hikes in 2018, followed...
Dec 14, 2017 11:42 am UTC| Commentary Central Banks
The pound has remained buoyant despite domestic political trouble and Brexit setbacks, riding on speculation that higher inflation would force the Bank of England (BoE) to increase interest rates and a materially weak...

FxWirePro vouches consolidation phase with hammer occurrence, GBP/USD bulls stand and deliver
Dec 14, 2017 10:30 am UTC| Technicals Central Banks
Please go through below weblink where weve demonstrated the bullish potential offered by the hammer pattern occurred on weekly plotting before we proceed...
SNB monetary policy: Assessing future bias
Dec 14, 2017 09:06 am UTC| Commentary Central Banks
The Swiss National Bank (SNB) in its monetary policy meeting today decided to maintain its current expansionary monetary policy, which basically means Interest on sight deposits at the SNB will remain at 0.75% and...
Ru and Ready: India-Russia Summit Sets the Stage for a Multi-Billion Dollar Strategic Shift