All Eyes on the Bank of England Rate Decision

GBP/USD Analysis and Charts The Bank of England is likely to raise rates by 25bps next Thursday. Will the BoE follow the trend of a ‘hike and hold’ For all market-moving economic data and events, see the DailyFX Calendar Recommended by Nick Cawley How to Trade GBP/USD Next week’s Bank of England interest rate decision

Japanese Yen Rallies on Bank of Japan’s Ueda Comments. Will USD/JPY Reverse?

Japanese Yen, USD/JPY, US Dollar, BoJ, Ueda, Intervention, JGB, Yields, – Talking Points USD/JPY recoiled lower on Monday after remarks from BoJ Governor Ueda The BoJ might be prepping the market for policy adjustments further down the track The yield spread between JGBs and Treasuries might be worth watching Recommended by Daniel McCarthy Trading Forex

Fed’s Barr says ‘a long way’ from a central bank digital currency

No comments on monetary policy Fed is ‘a long way’ from any decision on CBDC Would only proceed with clear support of executive branch and legislation from Congress Says he remains ‘deeply concerned’ about stablecoin issuance without strong federal oversight There’s nothing to move markets here. لینک منبع : هوشمند نیوز

Japan Jibun Bank August Services PMI 54.3 (prior 53.8)

Services: 54.3 Composite: 52.6 Flash reading here: Last week we had the final manufacturing number: Earlier from Japan, the biggest y/y drop in household spending since February of 2021: ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW Most Popular ADVERTISEMENT – CONTINUE READING BELOW ADVERTISEMENT – CONTINUE READING BELOW لینک منبع :

What’s priced in for the Bank of England

The market continues to anticipate a Bank of England rate hike later this month and the strong possibility of another one in November. High UK inflation is problematic for the Bank of England as it tries to tame runaway inflation but chief economist Hew Pill wants to keep rate at a higher plateau for longer,