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Tag: BoE Governor Bailey

GBP/USD keeps pushing against 1.2430 support weighed by weak UK employment data

The Pound drops on weak UK employment data, to retest support area at 1.2430. UK Unemployment rate increased to 4.2% in the three months to...

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BOE Set to Hike, With Considerable Doubts Over What’s Next – Orbex Forex Trading Blog

There is a pretty solid consensus that the BOE will hike when it meets on Thursday. But there is a major caveat for those...

The Week Ahead – Parade of central banks with end of QT in sight – Orbex Forex Trading Blog

USDJPY awaits BoJ policy signal The yen inches towards an 11-month low as traders ponder the timing...

UK Jobs, CPI Figures to Define BOE Hike – Orbex Forex Trading Blog

There is a trove of data from the UK coming out this week, with two key data points that could be pivotal for determining...

Can Global PMIs Keep Risk Appetite Going? – Orbex Forex Trading Blog

Next will have a complicated start. The US will have a shortened trading session on Monday, and then be closed on Tuesday for Independence...

UK CPI To Drop, But Will it Change the BOE – Orbex Forex Trading Blog

UK CPI will finally fall below double digits when the April report is issued tomorrow. Unless there is an unprecedented catastrophe, that is. While...

British pound drifts lower, markets eye Bailey testimony – MarketPulse

BoE Governor Bailey to testify before Treasury Committee on Thursday Fed says remains open to rate hikes JP Morgan expects Fed to cut rates Will monetary...

GBP/USD – Pound extends gains, Bailey testifies about banking crisis

The British pound is up for a second straight day. In the North American session, GBP/USD is trading at 123.37, up 0.40%. Earlier...

GBP/USD – Will BoE’s Bailey shake up the British pound?

The British pound is trading quietly on Monday. In the European session, GBP/USD is trading at 122.49, up 0.15%. The pound has looked...

GBP/USD – Pound slips as PMIs dip, BoE hikes again

The British pound is down considerably on Friday after mostly soft numbers out of the UK. In the European session, GBP/USD is trading...

Sterling slides below 1.20

The British pound is down sharply on Thursday, as the US dollar has recorded strong gains against the major currencies. In the European session,...

Week Ahead – Inflation issues sinking in

US Disinflation trends are struggling and now Wall Street will look to see if improving manufacturing and service activity will further fuel pricing pressures....

GBP/USD Price Analysis: BoE’s Dovish Hike Pushes Down Sterling

The Bank of England increased its key interest rate to its highest since 2008. BoE Governor Bailey said that there was no...

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