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Bank of England holds rates in knife-edge vote that hints at December cut
Monetary Policy Committee votes 5-4 to keep Bank Rate at 4.0%Inflation expected to fall in October and NovemberInvestors see 55% chance of rate cut on December 18By William Schomberg, David Milliken and Suban Abdulla LONDON, Nov 6 (Reuters) - The Bank of England kept borrowing costs on hold on Th...Reuters
Thu, Nov 6
FOREX-Sterling trims gains as BoE keeps rates unchanged, Nok rises as Norges Bank holds rates
Markets pricing a one-in-three chance of a BoE rate cutNorges Bank held rates at 4% citing inflationary pressureRisk sentiment improves, taking safe-haven dollar off highsBy Joice Alves LONDON, Nov 6 (Reuters) - Sterling trimmed earlier gains on Thursday after the Bank of England kept rates uncha...Reuters
Thu, Nov 6
INSTANT VIEW-Bank of England keeps rates on hold in knife-edge vote
LONDON, Nov 6 (Reuters) - The Bank of England kept rates unchanged on Thursday in a tight decision following recent signs that inflation is slowing, which brought the pound below the highs of the day, while boosting UK government bond prices. The pound GBP= was last up 0.2% on the day at $1.30799, f...Reuters
Thu, Nov 6
INSTANT VIEW-Bank of England keeps rates on hold in knife-edge vote
LONDON, Nov 6 (Reuters) - The Bank of England kept rates unchanged on Thursday in a tight decision following recent signs that inflation is slowing, which brought the pound below the highs of the day, while boosting UK government bond prices. The pound GBP= was last up 0.2% on the day at $1.30799, f...Reuters
Thu, Nov 6
Sterling trims gains after BoE keeps rate unchanged
Policymakers voted 5-4 to keep interest rates at 4%Analysts had expected a 6-3 split in favour of unchanged ratesFocus turns to UK budget on November 26 By Joice Alves LONDON, Nov 6 (Reuters) - Sterling trimmed earlier gains on Thursday, moving back towards its lowest in months, after the Bank of...Reuters
Thu, Nov 6
INSTANT VIEW-Bank of England keeps rates on hold in knife-edge vote
LONDON, Nov 6 (Reuters) - The Bank of England kept rates unchanged on Thursday in a tight decision following recent signs that inflation is slowing, which brought the pound below the highs of the day, while boosting UK government bond prices. The pound GBP= was last up 0.2% on the day at $1.30799, f...Reuters
Thu, Nov 6
INSTANT VIEW-Bank of England keeps rates on hold in knife-edge vote
LONDON, Nov 6 (Reuters) - The Bank of England kept rates unchanged on Thursday in a tight decision following recent signs that inflation is slowing, which brought the pound below the highs of the day, while boosting UK government bond prices. The pound GBP= was last up 0.15% on the day at $1.30725, ...Reuters
Thu, Nov 6
NZD/USD treads water above 0.5650 after rejection at the 0.5670 area
The New Zealand Dollar is failing to capitalise on the increasing appetite for risk and a somewhat softer US Dollar, and trades without a clear bias on Thursday, as the reversal from 0.5670 highs has been contained above 0.5650 so far.Kiwi trimmed some losses on Wednesday, bouncing up from seven-mon
Fxstreet
Thu, Nov 6
POLL-Canadian dollar set to rebound if trade uncertainty clears
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=CAD= CAD poll dataBy Fergal Smith TORONTO, Nov 6 (Reuters) - The Canadian dollar is set to strengthen over the coming year as expected Federal Reserve interest rate cuts weigh on the U.S. dollar and trade uncertainty potentially ...Reuters
Thu, Nov 6
AUD/USD ticks up to near 0.6510 as US Dollar corrects further
The AUD/USD pair edges higher to near 0.6505 during the European trading session on Thursday. The Aussie pair ticks up as the US Dollar (USD) extends its correction amid rising United States (US) economic concerns due to the ongoing federal shutdown.
Fxstreet
Thu, Nov 6
ROI-AI can be both a bubble and a breakthrough: Mike Dolan
By Mike Dolan LONDON, Nov 6 (Reuters) - Bubble or bonanza? AI could be both. Artificial intelligence may well be the future of business and the wider economy, yet the sky-high stock prices it's generating may still represent an unsustainable bubble.Today's constant fretting about whether ...Reuters
Thu, Nov 6
EUR/JPY steady as Eurozone retail sales meet expectations, BoJ minutes hawkish
EUR/JPY trades without a clear trend on Thursday, hovering around 177.00, virtually unchanged on the day. The pair remains stable after the release of mixed data from both the Eurozone and Japan, maintaining a fragile balance between the two currencies.
Fxstreet
Thu, Nov 6
USD/JPY: Likely to trade in a range between 153.30 and 154.40 – UOB Group
US Dollar (USD) could trade in a range between 153.30 and 154.40. In the longer run, USD appears to have entered a 152.40/154.40 range-trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Nov 6
FOREX-Sterling edges up ahead of BoE, Nok rises as Norges Bank holds rates
Markets pricing a one-in-three chance of a BoE rate cutNorges Bank held rates at 4% citing inflationary pressureRisk sentiment improves, taking safe-haven dollar off highsBy Joice Alves LONDON, Nov 6 (Reuters) - Sterling nudged higher but stayed near multiple-month lows on Thursday ahead of a...Reuters
Thu, Nov 6
NZD/USD: Likely part of a range-trading phase between 0.5640 and 0.5680 – UOB Group
The current price movements are likely part of a range-trading phase between 0.5640 and 0.5680. In the longer run, downward pressure has increased; NZD could weaken to 0.5600 next, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Nov 6
AUD/USD: Expected to consolidate in a range of 0.6485/0.6525 – UOB Group
Australian Dollar (AUD) is expected to consolidate in a range of 0.6485/0.6525. In the longer run, outlook for AUD is negative now, but last month’s low near 0.6445 may not come into view so soon, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Nov 6
