Bank of England

The Bank of England (BoE) is expected to lower Bank Rate by 25bp in November.

GBP/USD’s bias remains to the downside and traders may look to sell this rally as long as rates remain below 1.2760 and the RSI holds below the 50 level.

GBP/USD remains in “sell rallies” mode, so bullish readers will want to be nimble against a broader backdrop that favors more downside from here.

Money supply is directly controlled by central banks of influential countries around the world. Learn how they decrease and increase money supply in this article.

The Bank of England is expected to increase rates for a 14th consecutive time today as the battle against inflation continues.

Despite struggling post the BoE rate decision, the longer-term GBP/USD forecast remains bullish. But in the short-term, a drop back to 1.25 cannot be ruled out.

Investors are wondering whether the BoE was done with hiking...

Two MPC officials, Tenreyro and Dhingra, voted to keep rates unchanged at 3%

The Bank of England looks set to hike rates by 0.25%, but how will this impact the pound?

Thanks to ‘Plan B” in the UK there is little hope for BOE to hike rates today. And the pound’s reaction is likely to be around the perceived odds of a hike in February.

It’s clear that GBP/USD bears have the upper hand in the short term...

BoE to the rescue ahead of London lock down

Market Reaction to Sunak's Spending Spree

The Bank of England surprised the markets by cutting interest rates by 50 basis points, trying to shelter the UK economy from economic damage that could be inflicted by the spread of the coronavirus.

Due to the inequality of the cuts, GBP should move lower at a faster pace than the Euro.

Today officials from both sides began laying out the groundwork for a new agreement

Coronavirus Continues to Remain Market Focus