BoE Vote split comes in at 6 - 3
BoE keeps rates and asset purchases unchanged at 0.50% and 435bln respectively.
- Vote was 6-3 in favour of unchanged Bank Rate, unanimous for QE at 435B/APF at 10B
- Haldane, McCafferty and Saunders dissented, voting instead for a June hike
- Majority on MPC still reassured Q1 softness was largely temporary, but preferred to...
Hello, again traders.
I find today very interesting price movement on EUR/GPB chart.
So follow my trading signal if you think It's great Sell opportunity.
Thank you see a later.
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I AM DEF. LOOKING AT EG FOR A LONG BUY, IT'S BREAKING IT'S CURRENT TREND OF BEING BEARISH TO BEING BULLISH. I'LL LIKE TO SEE THE PIVOT POINTS ON THIS PAIR BEFORE I ACTUALLY ENTER.
Once again the ECB is challenged with managing market expectations, while at the same time assuaging concerns within the governing council that the prospective tightening profile (if we can call it that) is starting to lag the growth seen (on average) in the region. Emphasis is being placed on the possible wording on the easing bias, which naturally is hard to...
While the consensus is very much that the MPC will keep rates unchanged at Thursday's meeting, there is a risk that some of the more hawkish members will point to the rise in earning's growth, which although still in negative territory in real terms, is now moving in the right direction. If inflation starts to flatten out as the exchange rate effects pass...
