Post Tagged with: "interest rate"

The King’s letter – UK rate hikes looking more likely

Yet another perky performance from the pound today, which tops the league amongst major currencies for the year to date. Interestingly, it was Mervyn King’s letter to the Chancellor, rather than the latest inflation figures, which was the major trigger for the pound’s advance.

Guest post by FxPro

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Forex Market Interview with Senior Currency Strategist, John Kicklighter from DailyFX

Forex Market Interview with Senior Currency Strategist, John Kicklighter from DailyFX

We are pleased to share a forex interview on this week’s major events and forex trends with the senior currency strategist at DailyFX.com, John Kicklighter. John specializes in combining fundamental and technical analysis with money management. John authors a number of regular articles forDailyFX.com, ranging in topics from basic fundamental forecasts for the G10 economies and [&hellip

Sterling’s rate sensitivity

Sterling’s rate sensitivity

So should the Bank of England be thinking about raising rates?  This is the question that is going to be preoccupying sterling today and tomorrow as the Bank of England meets to discuss interest rates. Guest post by FxPro Statistically, the risks are certainly higher this month. During the MPC’s history, exactly half of rate changes have [&hellip

Martin Weale Less Supportive of Rate Hike

Last week’s meeting minutes from the MPC revealed that there’s one more member, Martin Weale, that is supportive of a rate hike. Weale joined Sentance that has voted for a hike for quite a long time. But Weale’s vote came before the horrible GDP figure which showed that the British economy squeezed by 0.5% in [&hellip

Reality Bites GB£

Reality Bites GB£

Following the shocking news about British economy squeezing in Q4, here’s some advice on what needs to be done in Britain, and what this means for the British pound. Guest post by Bob Nielsen On 19 Jan 11 Yohay posted a brief comment from me titled ‘The Long Trend for GB‘, on the relevance of the [&hellip

EUR/USD 2011 Forecast

EUR/USD 2011 Forecast

After a roller coaster year for Euro/Dollar, 2011 promises to be no less dramatic. The main factors moving the currencies are far from being resolved, and the actions that policymakers and market makers will take are unknown. Full year predictions in forex are from being an exact science, but there’s a general direction

China Slows at the End of 2010 – Sign for 2011?

China Slows at the End of 2010 – Sign for 2011?

China’s manufacturing PMI unexpectedly fell, in the last release for 2010. Will this hurt the powerful Aussie, or be only a temporary bump like last week’s Chinese interest rate hike event? The purchasing managers’ index for the manufacturing sector disappointed with a drop to 53.9 points, instead of rising from 55.2 to 55.7 points, as [&hellip

AUD/USD Set to Fall On Chinese Rate Hike

AUD/USD Set to Fall On Chinese Rate Hike

The Chinese finally did it  - they raised the interest rate in “the hide of the night”, during Christmas. This is likely to hurt the Australian dollar, and could endanger parity. Update on this sneaky move. After avoiding this move for a long time, the Chinese tightening finally becomes serious. China’s authorities have raised the [&hellip

AUD/USD to Drop on Chinese CPI

AUD/USD is likely to have a bad start to the week as China’s inflation is higher than expected. The Australian economy is very sensitive to any news from China – its main trade partner and the world’s second largest economy. photo © 2007 Jason Wesley Upton | more info (via: Wylio) China released its consumer [&hellip

AUD/USD Supported By Chinese Growth

AUD/USD got a boost from Chinese growth figures – ongoing Chinese growth means prosperity in Australia. The Aussie recovered from the risk aversive winds and is getting ready to move