Bank Of England

A former Bank of England economist is raising red flags over the growing role of stablecoins in the U.S. financial system, with major implications for banks, as well as the U.S. Dollar. What Happened: In a recent episode of The Big View by Reuters, Dan Davies, an ex-BoE regulatory economist and...

Despite mounting pressure and calls for lower interest rates, the Federal Reserve held rates steady at 4.25%-4.5% on Wednesday. This analyst anticipates that the Fed would be among the last central banks to cut interest rates, while still expecting four cuts this year. What Happened: The Chairman...

Canada is expected to have a new prime minister with former central banker Mark Carney winning the country's Liberal Party election to replace outgoing Prime Minster Justin Trudeau, who announced his intention to step down in January. Carney has had a fast rise in Canadian politics but also enters...

To gain an edge, this is what you need to know today. Monetizing AI Please click here for an enlarged chart of Meta Platforms Inc (NASDAQ:META). Note the following: This article is about the big picture, not an individual stock. The chart of META stock is being used to illustrate the point. The...

President Trump talks about Bitcoin and he and some other politicians call for a strategic Bitcoin reserve. Plus, we have another week of tech stock obliteration. It’s not that earnings were bad; but rather, that expectations and valuations were so high. Intel (NASDAQ: INTC) is the exception...

By RoboForex Analytical Department The British pound sterling continues to decline steadily against the US dollar. The GBP/USD pair is trending towards 1.2848. On the one hand, the pressure from the USD rate is evident. On the other hand, investors are awaiting the outcome of today's Bank of...

The Bank of England (BoE) reduced its key interest rate by 25 basis points for the first time after over four years, bringing it down from a 16-year high of 5.25% to 5%. The Monetary Policy Committee was divided, with five members, including Governor Andrew Bailey, voting for a rate cut while four...

Three of the world’s leading central banks are set to meet this week, posing one of the most crucial tests for markets as traders brace for interest rate shifts. The Federal Reserve will commence its two-day Federal Open Market Committee meeting Tuesday. The policy statement and Fed Chair...

By RoboForex Analytical Department GBP/USD pair is down to 1.2892 on Thursday. Selling intensified on the 18th of July. Since then, GBP has remained under pressure, although it is making attempts to stabilise. Statistics released earlier showed that UK private sector activity improved in July. PMI...

Yet another government agency revises its projections. This seems to be a weekly thing these days. Anyone want to guess which direction the revisions headed? The Bank of England disappoints UK doves and holds rates steady. DKI thinks it’s all Taylor Swift’s fault. GameStop $GME...

After the Juneteenth holiday break, Wall Street reopened with a cautious tone, as the S&P 500 and Nasdaq 100 indices declined after hitting all-time highs around midday trading in New York. This decline was driven by profit-taking in chipmaker stocks and rising Treasury yields, which dampened...

UK-related exchange-traded funds ticked up in Thursday’s early-morning trading as the Bank of England decided to keep rates steady, while the Swiss National Bank cut its key rate. iShares MSC United Kingdom ETF (NYSE:EWU) edged up 0.66% by mid-morning trading on Thursday, while Franklin FTSE...

By RoboForex Analytical Department The GBP/USD pair is balancing around 1.2709 on Thursday, after the British pound rose in price against the US dollar for three consecutive days and finally paused. The Bank of England will convene for its regular meeting today, at which the regulator will review...

The Bank of England (BoE) kept interest rates unchanged at 5.25% at its May meeting. Market participants anticipated this decision, which reaffirms the commitment to returning inflation to the 2% target. The decision was made with a 7-2 split in the vote. Monetary Policy Committee (MPC) members...

Investors and traders continue to support riskier assets, while the focus among them is very much on earnings and economic data. The fact that the Dow Jones industrial average has posted its fourth consecutive winning session—the longest winning streak in weeks—has lifted spirits among...