GBP: The strains of harmony

Spring is in the air, and so it appears is harmony among policymakers. Eight of the nine MPC members were aligned in their voting at the latest meeting, signalling progress on the fight to stop inflation. That’s leaving aside our old friend, ultra-dove extraordinaire...


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EUR: HCOB drowned out

If it weren’t for other things going on in currency markets, Thursday’s German HCOB manufacturing results would likely have been much more in the spotlight. The flash read for March returned the worst performance for five months and another reminder that a swift...


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USD: Another shutdown looms

The endless bipartisan bickering on Capitol Hill can be exhausting. Another impasse is looming, to the shock of precisely no-one. Congressional leaders have agreed on funding measures north of $1tn, but whether they can jam it through Congress to avert a partial...


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BoE holds but for how long?

The Bank of England decided to hold interest rates at 5.25% at its March meeting, but a significant shift in the voting of Monetary Policy Committee (MPC) members set markets ablaze. None of the MPC’s nine members voted to increase interest rates at this meeting,...


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USD: Fed promises rate cuts despite inflation

The dollar lost almost across the board yesterday following the Federal Reserve’s continued interest rate pause. We’ll hear more from central bankers today and tomorrow, plus a reading for PMI. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To   For more...


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