by Christopher Nye | Nov 4, 2021
All eyes will be on the Bank of England’s monetary policy meeting today. The pound has moved lower this week as expectations for an interest rate hike have decreased. However, it’s still possible that a hike could be announced, so the markets will be listening closely...
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by Christopher Nye | Nov 4, 2021
The Bank of England will announce its latest monetary policy decision around midday today. Expectations for an interest rate hike have decreased in recent days, however, a hike is still possible. Sterling could strengthen or weaken following the meeting, depending on...
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by Christopher Nye | Nov 3, 2021
The dollar is largely unchanged this morning but is still strong against a basket of currencies ahead of the Federal Reserve’s monetary policy meeting, which will take place this evening. It’s thought that officials will announce the start of the tapering of their...
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by Christopher Nye | Nov 3, 2021
The euro is stronger against the pound and slightly weaker against the dollar this morning ahead of the Federal Reserve’s meeting this evening. Yesterday, manufacturing PMI figures were released for Germany and the Eurozone. Both readings were revised slightly lower...
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by Christopher Nye | Nov 3, 2021
The pound is still weaker against the euro this morning and has fallen below the 1.18 mark. This is due to a change of expectations ahead of the Bank of England’s meeting tomorrow. The markets had initially anticipated an interest rate rise; however, it’s now thought...
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