posted by
FXEmpire
15 days ago
in USD, GBP, Fundamental
The GBP/USD climbed a bit today, at trade at 1.6154.The Bank of England today, kept its current interest rate at 0.05% and maintained its current monetary policy, and therefore avoided any public statement or announcements.
posted by
FXEmpire
15 days ago
in EUR, GBP, Fundamental
The EUR/GBP is trading at 0.08019 at a virtual standstill from its close yesterday. The pair bounced around in a fairly tight range. The Bank of England today, kept its current interest rate at 0.05% and maintained its current monetary policy, a
posted by
FXEmpire
15 days ago
in USD, NZD, Fundamental
The NZD/USD continued to tumble today, trading at 0.7877. The kiwi dollar fell to a four-month low over concern the commitment of new French and Greek governments to austerity measures may waiver, undermining the euro zone economy.
posted by
FXEmpire
15 days ago
in USD, Fundamental, Daily
The USD/CNY is up at 6.3132 as the US dollar continues to mount strength on the migration of equities and higher risk assets to the safety of the USD. Compounded by disappointing data released in China last evening and this morning, showing a con
posted by
eToro
15 days ago
in USD, Fundamental, Daily
News that conservative banking giant JP Morgan suffered a major loss due to a botched trading strategy hit equities hard and is likely to continue to have repercussions beyond Europe’s equity markets (all currently lower) and back onto Wall Stree
posted by
liorcohen
15 days ago
in Fundamental, Weekly, Oil
Natural gas prices spiked during the week and it seems this rally might continue in the near future. I have already referred to this recovery and think it’s a little over blown. The natural gas storage increased again at a slower pace than a year
posted by
PureFX
15 days ago
in Fundamental, Sentiment, Daily
The Bank of England held its benchmark interest rate at 0.5%, while holding off announcing a fourth round of quantitative easing, helping to support the pound at its current heights.
posted by
eToro
16 days ago
in EUR, Fundamental, Weekly
Only a few headlines dominated the media this week, and most of those originated in the Eurozone. It began over the weekend when key elections in France, Greek and Germany swept out the incumbents and swept in a movement of anti-austerity and dis
posted by
commodityblog
16 days ago
in USD, GBP, Fundamental
The Bank of England refrained from easing the monetary policy at today’s meeting, causing the Great Britain pound to climb. The United Kingdom still suffers from the double-dip recession and it’s questionable whether the currency could maintain i
posted by
forexalliancecom
16 days ago
in GBP, Fundamental, Special
As expected, the Bank of England kept interest rates unchanged for the month, leaving benchmark rates at 0.5%. The British central bank also decided to halt asset purchases to 325 billion pounds, a move that was anticipated by most market analys
posted by
liorcohen
16 days ago
in Fundamental, Monthly, Oil
According to the latest May report by the Organization of the Petroleum Exporting Countries regarding the recent developments in the oil market, the OPEC oil production slightly increased again during April compared with March’s oil production le