- Tuesday, 29 December 2015
- News
BoE needs to see higher wages before thinking about rate hike
- Monday, 28 December 2015
- Daily Fundamental Analysis
GBP/USD Daily Forecast – 29 December
With no major data releases on yesterday, and with holiday season tighter range trading, markets are still speculating on fact is Sterling overpriced at the moment and when will BoE hike interest rates. Several Bank policymakers, including Governor Mark Carney and even hawkish rate-setter Martin Weale have played down the prospect of a rate rise in the next few months as a renewed fall in oil prices and weak wage growth keep inflation well below the Bank's 2pc target.
Read more...- Monday, 28 December 2015
- Daily Technical Analysis
GBP/USD Daily Forecast – 29 December
Sterling was pushed slightly lower in the course of the yesterday's session, but found support around 1.49 handle. However, there was lack of volatility, with UK banks being closed due to Boxing Day. Read more...
- Monday, 28 December 2015
- News
Sterling slightly lower in a tighter range Monday trade
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