FlowBank

1154 days ago

Traders no longer see BOE rate cut - and that's underpinning Sterling

Talk of negative rates has been hanging over the pound - now it is official policy - but rates markets have priced it out

#Forex

1154 days ago

GBPUSD holding its ground during dollar rebound on UK vaccine optimism

While other major currencies - notably the euro have sold off - Sterling has held its own above the 1.36 level and just down from 2/ 1/2 year highs

#Stocks #Forex
GBPUSD holding its ground during dollar rebound on UK vaccine optimism

1156 days ago

This would be the biggest short squeeze of them all...

Short interest from hedge funds / speculators in the US dollar #DXY is near record highs

#Stocks #Forex

1157 days ago

Flat Italian GDP growth is tied directly to the euro

Years of Italy growing came to a halt with the introduction of the euro. #Italexit ?

#Forex #Macro
Flat Italian GDP growth is tied directly to the euro

1157 days ago

AUD$ dips after the RBA increased QE by A$100 billion

Australia’s central bank will extend its quantitative easing program by a further A$100 billion ($76.4 billion) when the current one expires in mid-April and said it doesn’t expect to increase its key interest rate until 2024 “at the earliest.”

#Forex #Macro
The RBA has increased QE by A$100 billion
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