BoE and ECB: Will they Under or Over Deliver? |
|
In less than 24 hours, we have interest rate decisions from 3 countries: 1. New Zealand 2. United Kingdom 3. Eurozone With the global easing cycle in full swing, rate cuts are expected all around. New Zealand and the UK have been two of the most aggressive countries when it comes to cutting interest rates. At their last meetings, the RBNZ delivered a 100bp rate cut while the UK delivered a 150bp cut. In contrast, the ECB has been the least aggressive next to the BoJ who don't have much room to
Filed under: Fundamental
Latest Posts
- Currency Technical Report
- Crude oil drops as U.S. inventories grow
- Majors’s sentiment for today
- Starting the day
- The British pound may rise above 1.55 says Citigroup
- EUR/USD
- Action Bias Summary Table
- Government Panic Could Herald Dollar Panic
- 15pips GBPAUD Mission Accomplished
- Support, Resistance and Range Forecast
- Forex Market Outlook on Minors/Crosses
- Prime Minister of Japan Taro Aso: any sharp dollar decrease is extremely negative for Japan.
- Successful Polish 2-year auction
- US: ADP report points to a 700 000 decline in payrolls
- US Treasuries cannot profit from disconcenting employment figures