Tag: BoE
Profit Taking Hits Dollar Despite Data
Inflation concern the only negative
Last week’s employment report in the U.S. was ultimately very positive for the dollar despite the ludicrously high expectation for...
U.S. Economy set for Breakout
Rate hikes starting to be justified
The Employment report for October that was released on Friday was the subject of some “irrational exuberance” from analysts...
Bitcoin Goes Full FOMO
As the price reaches newer highs by the moment, the Bitcoin market is now deep in the thralls of FOMO. No telling how long...
Rate Hike Drives Sterling Lower
Carney remains cautious on Brexit
It was only to be expected in an environment where just about every piece of data pointed to no change...
Euro Dives on Dovish ECB
Cost of carry becoming a factor
The cost of being long of the common currency finally started to take effect last week as the prospect...
Dovish Draghi Pushes Euro Lower
Need for “an ample degree of monetary stimulus”
ECB President Mario Draghi stretched his credibility to the limit yesterday in a press conference which illustrated...
Front Running for Christmas
HSBC's former head of global forex cash trading was just found guilty of front-running a $3.5 Billion trade. There's actually a recording that was...
A Brexit Breakthrough?
More words camouflage lack of progress
It seems that both sides in the Brexit negotiation are becoming familiar with the bureaucratic notion of prevarication.
At the...
May Facing Further Brexit Disappointment
Hard Brexit becoming more likely
The U.K.'s opposition Labour Party have called for all members of Parliament to join them in ensuring that the U.K....
Fed Signals December Rate Hike
Withdrawal of QE to start next month
The latest two-day FOMC meeting concluded yesterday with Fed Chair Janet Yellen announcing that the Fed will start...
