Archive: November2015

UK’s Autumn Statement and US Data in Focus

25 Nov 2015
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Dovish comments by the Bank of England (BoE) Governor Mark Carney yesterday that interest rates are likely to remain low for an extended period weighed on the Pound. Today, UK Chancellor’s Autumn Statement will be in the spotlight, wherein the Br…

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UK’s Autumn Statement and US Data in Focus

25 Nov 2015
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Dovish comments by the Bank of England (BoE) Governor Mark Carney yesterday that interest rates are likely to remain low for an extended period weighed on the Pound. Today, UK Chancellor’s Autumn Statement will be in the spotlight, wherein the Br…

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Pound feels the pressure as Carney sounds dovish

24 Nov 2015
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United States Dollar: GBP/USD fell steadily throughout the day yesterday. EUR/GBP was well bid in the early morning session which weighed on the currency pair. The pound came under further selling pressure following some fairly dovish remarks from …

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Pound feels the pressure as Carney sounds dovish

24 Nov 2015
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United States Dollar: GBP/USD fell steadily throughout the day yesterday. EUR/GBP was well bid in the early morning session which weighed on the currency pair. The pound came under further selling pressure following some fairly dovish remarks from …

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BoE Chief to Testify about UK’s Inflation Report

24 Nov 2015
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Today, all eyes will be on the Bank of England (BoE) Governor Mark Carney’s testimony about the latest quarterly inflation report in front of the Treasury Select Committee. The report which was delivered earlier this month had surprised markets b…

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Pound ranges steady as markets eye Inflation Report Hearings

23 Nov 2015
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United States Dollar: GBP/USD started the day under 1.52 yesterday and was steady throughout most of the morning session. It spiked to 1.5180 come mid-afternoon and in response to weaker than expected US Existing Home Sales and Flash Manufacturing P…

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Euro zone PMIs Hint at a Pick-up in Growth

23 Nov 2015
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In Europe, the week has commenced with the first available information on economic trends in November after data released earlier in the day boosted optimism about the health of the Euro area’s economy. Business activity in the Euro zone expanded…

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Markets cautious ahead of BOE Inflation report

22 Nov 2015
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United States Dollar: The dollar opens on the front foot this morning as investors remain cautious ahead of this week’s Bank of England Quarterly inflation report. The end of last week was a different story however as the greenback fell against m…

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ECB and Fed Speeches on Radar

20 Nov 2015
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As the week comes to an end, investors’ are focused on any fresh cues that could further clarify that the European Central Bank (ECB) will implement additional stimulus measures and the Federal Reserve (Fed) would raise its rates for the first ti…

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ECB and Fed Speeches on Radar

20 Nov 2015
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As the week comes to an end, investors’ are focused on any fresh cues that could further clarify that the European Central Bank (ECB) will implement additional stimulus measures and the Federal Reserve (Fed) would raise its rates for the first ti…

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