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GBP/USD drops to 1 3700 after latest BoE headline

Week Ahead: Financial Markets remain fixated with bond market moves and brace for lots of central bank speak - MarketPulse

Week Ahead: Financial Markets remain fixated with bond market moves and brace for lots of central bank speak - MarketPulse
marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.

EUR/GBP: There may be further downside potential but not as fast as recently – Rabobank

Mar 16, 2021 17:11 GMTFXStreet News The outstanding performance since the start of the year could have lead to a bout of profit-taking on Tuesday, explained analysts at Rabobank. They point out while there may be some hesitation to hold long GBP positions ahead of this week’s Bank of England (BoE) meeting, the sentiment was knocked by news concerning suspensions of the Oxford vaccine in various European countries. While the may be further downside potential in EUR/GBP in the months ahead, Rabobank analysts retain a view that the pace of any gains for the pound will be far slower than in the year to date. 

Week Ahead: Rising Treasury Yields will make this an interesting FOMC decision - MarketPulse

Week Ahead: Rising Treasury Yields will make this an interesting FOMC decision March 12, 2021SharePrint The bond market seems determined to make this an interesting FOMC policy decision.  Treasury yields have been surging after the Biden administration passed the $1.9 trillion COVID relief bill and set a May 1 st goal of getting vaccines to all adults.  The Fed welcomes a steeper yield curve, but the current trajectory could be disruptive to the economic recovery.  Market participants want to know how quickly do yields need to rise to raise concerns of tighter conditions or trigger disorderly markets?  The taper tantrum might get priced in a lot sooner by Wall Street, but the Fed will patiently wait until economic indicators confirm the recovery remains much later in the year.

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