Tag: MPC
Hard Brexit Moves Ever Closer
May struggling to find common ground
Theresa May the British Prime Minister spoke to her (for now) fellow EU Heads of Government last evening in...
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...
May and Carney Halt Sterling Correction
Dovish Rates and Brexit outlooks hit pound
Mark Carney the Governor of the Bank of England speaking in Washington at the International Monetary Fund yesterday...
Sterling Higher as Hawks Prevail
Vlieghe joins call for higher rates
Gertjan Vlieghe is by far the most dovish member of the Bank of England’s Monetary Policy Committee. He has...
Bank of England Takes Only Available Avenue
Minutes to make interesting reading
The Monetary Policy Committee of the Bank of England at its monthly meeting yesterday took the only course of action...
Wages, Prices and Brexit a Strong Mix
MPC to leave rates unchanged
The only part of today’s MPC meeting that is certain is that rates will be unchanged. However, whether the vote...
Sterling Facing Crucial Week
Brexit, Data and BoE to determine short term direction
Whilst traders have come to believe that Brexit is the only driver of the pound’s direction...
Mnuchin And Data Hit the Dollar
Employment report to set short term path
U.S. Treasury Secretary in a speech yesterday attempted to talk the dollar lower commenting that “a weaker dollar...
Employment report to support dollar?
Traders ready for correction.
The almost one-way direction that has seen the Euro rise to 1.1910 without any meaningful correction means that, in a comparable...
