The BoE’s Monetary Policy Committee voted unanimously to keep the central bank’s record low interest rates on hold and the rate of bond purchases at their current levels.
The British Pound rose sharply, as the European stock and debt market are rapidly declining. The risks of elections in France are growing, while the gap between candidates makes the predictions hard.
The FED officials have not helped the Dollar, as Yen updates to a 5-month peak. The Nikkei index lost more than 300 points as market propelled the demand for the Japanese currency,
Yen took the lead, as Dollar is reaching monthly lows. This, in turn, hit the Japanese Nikkei making it drop.
The FED’s caution fuels further growth of the indices, as Rutte defeats Wilders in a Netherlands referendum. BoJ left interest rates unchanged, which propelled Yen´s rapid fall.
The Dollar is leading again with the USD/JPY going through a bullish engulfing at the 50% Fibonacci level.
Trump sends his love to Chine with another assault, as Dollar plunges. May ” to China, Dollar plunges. May says she’ll put final Brexit deal to vote in both Houses of Parliament.
The effect from a hawkish Yellen speech has been short-lived, as markets focus on Trump; Chinese shift to consumption deepens, hurting manufacturers.
The Oil drops as Iran boosts market share, meanwhile Chinese stocks have a good start to the week, as the Pound drops hard.
Dollar starts to decline, as FOMC Minutes had nothing new for the investors. On the other hand Rouble breaks a new level that hasn´t been seen since 2015.
Drop in bond yields signals that the risk appetite is capped, while the Euro and Pound drop.
Long holidays fuel the appeal of safe heavens, as greenback drops.
The FED lifts the interest rate, sending Dollar for a new relentless rally.The emerging markets and safe heavens are out of favour.
US Dollar trades in green ahead of the FED, Pound surge on consumer inflation data.
Oil tumbles ahead of OPEC talks in Vienna, as the Greenback is back on a growth track