Page 16 - Rate Expectations News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Rate hike odds continue to climb for the BOE, while the ECB continues to look more and more dovish.

Rate hike odds have receded for Europe’s two major central banks, dragging down the British Pound and the Euro along the way.

British Pound Technical Analysis: GBP/AUD, GBP/CAD, GBP/NZD Rates Outlook Advertisement GBP/AUD rates, on the other hand, have recently been rejected from a multi-decade trendline. Longer-term Influences Take Shape in GBP-crosses With May in the rearview mirror, it’s a good time to take stock of the British Pound’s performance against some of the more volatile major currencies, which were plagued by – you guessed it – volatile if not weaker commodity prices over the course of the month. While currencies linked to energy may be the exception to the rule, those with strong economic conn...

Central Bank Watch: BOE & ECB Interest Rate Expectations Update Advertisement Central Bank Watch Overview: The BOE and the ECB are meeting later this month, but focus is on what they’ll do later this year and beyond. The BOE is further along the path of normalization, while the ECB is still toying with ideas about how it may further enhance its stimulus measures in context of rising inflation pressures. Inflation Making Central Bankers Uneasy In this edition of Central Bank Watch, we’ll cover the two major central banks in Europe: the Bank of England and the European Central Bank. Neither...

British Pound Forecast: GBP/AUD, GBP/CAD, GBP/NZD Rates Advertisement British Pound Outlook: The British Pound’s performance against the commodity currencies has been middling. While GBP/JPY is up by over +8% year-to-date, GBP/AUD is up by just over +1.7%, GBP/NZD is up less than +0.2%, and GBP/CAD has dropped by over -1.75%. GBP/AUD remains rangebound, while GBP/CAD and GBP/NZD continue to coil ever more into their triangular consolidations. According to the IG Client Sentiment Index, the British Pound has a mixed trading bias. Commodity Currency GBP-crosses Turning Higher? By most measure...