Bank of England Leaves Rates Unchanged, Sterling and Gilt Yields Drift Lower
The Bank of England (BoE) left interest rates unchanged today as expected, despite headline CPI falling back to target.
Swiss National Bank Cuts Rates, Cites Strong Franc as it Looks to Fuel Growth
The Swiss National Bank voted to lower its policy rate, following on from March’s surprise cut. Inflation is expected to remain well below the 2% target, stabilising at 1%
EUR/USD and EUR/GBP Latest Retail Sentiment Analysis
The Euro has seen varied flows over the last week and that leaves the outlook for EUR/USD and EUR/GBP mixed
UK Inflation Hits Bank of England Target – What Now?
Headline CPI in the UK hit the Bank of England’s (BoE) target of 2%, so why isn’t a rate cut imminent? The answer lies in the details
Gold Price Update: Negative Divergence Hints at Lower Prices, NFP Marked Recent Bottom
Gold drivers dissipate with no notable escalations in Eastern Europe or the Middle East, while US data fails to fully support rate cut expectations
EUR/USD Fails to Capitalize on Monday’s Reprieve, Downside Risks Persist
EUR/USD technical analysis: 1.0700 support in focus, with 1.0600 and 1.0450 levels on the radar amid downside risks in the run up to elections
AUD/USD Nudges Higher – RBA Leaves Policy Untouched, Discussed Hiking Rates
The economic outlook remains uncertain and inflation remains too high, according to a hawkish Reserve Bank of Australia.
USD/JPY Testing Multi-Week Highs, Will the BoJ Wait Until the End of July?
USD/JPY is re-testing levels last seen in late-April on a combination of USD strength and Yen weakness. Will the BoJ intervene before the next central bank policy meeting?
BoE, Sterling Outlook: GBP/USD, GBP/CHF Key Levels and Scenarios to Watch
All eyes will be on the pound this week with crucial CPI data and the Bank of England rate decision in the balance. The Swiss National Bank adds uncertainty to the mix
Positive Market Sentiment Nudges Risk Assets Higher, Gold Slips Lower
Risk markets are pushing higher at the start of the week after the Nasdaq 100 posted yet another all-time high. Gold is slipping back towards support, while the US dollar treads water.