BoE

Week Ahead: Trump's trade war threatens UK100's record run

Fri, 14 Feb 2025 10:39:16 +0000

Week Ahead: Trump's trade war threatens UK100's record run Lukman.Otunuga… Fri, 02/14/2025 - 12:39

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President Donald Trump has announced sweeping reciprocal tariffs on numerous trading partners! The UK could be thrown into the firing line if Trump’s reciprocal tariffs target countries using a VAT tax. Beyond the tariff drama, top UK data and a speech by BoE Bailey may influence the UK100 in the week ahead.

Market round-up: BoE cuts, Yen rallies, Gold shines

Thu, 06 Feb 2025 14:54:40 +0000

Market round-up: BoE cuts, Yen rallies, Gold shines Lukman.Otunuga… Thu, 02/06/2025 - 16:54

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Sterling heads for its largest daily fall since early January as traders boost BoE cut bets. The Yen is the best-performing G10 currency versus the dollar this week while gold hits a fresh all-time high!

Market round-up: BoE & BoJ hold, Fed delivers ‘hawkish’ cut

Thu, 19 Dec 2024 13:35:56 +0000

BoE keeps ‘gradual’ cut prospects alive

Dovish BoJ sends Yen into intervention zone

Fed signals slower pace of cuts in 2025

Sterling slipped on Thursday after the Bank of England kept rates unchanged.

Prices dipped toward 1.2600 as investors reacted to three officials Read More

Market round-up: BoE & BoJ hold, Fed delivers ‘hawkish’ cut

Thu, 19 Dec 2024 13:35:56 +0000

BoE keeps ‘gradual’ cut prospects alive

Dovish BoJ sends Yen into intervention zone

Fed signals slower pace of cuts in 2025

Sterling slipped on Thursday after the Bank of England kept rates unchanged.

Prices dipped toward 1.2600 as investors reacted to three officials Read More

Week Ahead: USDJPY braced for central bank showdown

Fri, 13 Dec 2024 10:55:18 +0000

Week Ahead: USDJPY braced for central bank showdown Lukman.Otunuga… Fri, 12/13/2024 - 12:55

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Brace yourself! Major central bank decisions could spark fresh trading opportunities across FX markets. Our focus falls on the Yen which is expected to be the most volatile G10 currency versus the USD over the next one-week!

GBPUSD jumps after BoE’s hawkish rate cut

Thu, 07 Nov 2024 14:47:10 +0000

GBPUSD jumps after BoE’s hawkish rate cut Lukman.Otunuga… Thu, 11/07/2024 - 16:47

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GBPUSD rallied almost 80 pips on Thursday despite the Bank of England cutting interest rates for the second time this year.

GBPUSD spikes after BOE holds, Fed cuts rates

Thu, 19 Sep 2024 13:04:03 +0000

GBPUSD spikes after BOE holds, Fed cuts rates han.tan@FXTM CY CA Thu, 09/19/2024 - 16:04

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“Cable” briefly breached 1.330 after the Bank of England kept its rate unchanged at 5%. Moving forward, GBPUSD’s performance will be majorly influenced by the BOE’s policy outlook relative to the Fed, and is forecasted to trade between 1.2721 - 1.3776 through end-2024.

Countdown to Fed decision enters final hours

Wed, 18 Sep 2024 10:01:38 +0000

Countdown to Fed decision enters final hours Lukman.Otunuga… Wed, 09/18/2024 - 13:01

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With just hours until the Federal Reserve prepares for its first rate cut since 2020, markets remain split on the size!

Week Ahead: Central banks take centre stage

Fri, 13 Sep 2024 09:48:45 +0000

Will Fed decision push US500 to fresh records?

UK100 waits on BoE for next move

JP225 could be rocked by BoJ meeting

Watch out for other central bank meetings

If you thought the past few days were eventful, check out what’s in store for the week Read More

UK100: Dips on sticky inflation data.

Wed, 17 Jul 2024 11:15:05 +0000

UK100: Dips on sticky inflation data. Lukman.Otunuga… Wed, 07/17/2024 - 14:15

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FXTM’s UK100 declined on Wednesday after stickier-than-expected inflation data cooled bets around the BoE cutting rates next month.