Bank of England News and Analysis

02 November 2016 Bank of England Slips into Neutral and the Pound Leaps

Thursday is the focus of the week for Pound Sterling with the Bank of England delivering its latest policy decision as well as forecasts for inflation and economic growth.

14 October 2016 Carney's Comments not a Signal of Intent to Target a Stronger British Pound Exchange Rate

Much-ado-about-nothing on Friday with some commentators excitedly hinting that the Bank of England won’t let the Pound continue falling.

28 September 2016 Minouche Shafik Caps British Pound's Recovery Against Euro and US Dollar, Warns of Further Interest Rate Cuts

A key member of the Bank of England has told an audience that she believes further monetary easing is necessary.

15 September 2016 September MPC Event Confirms Bank of England Expected to Cut Interest Rates Again in November

No decision is expected from the Bank of England on Thursday the 15th September, but that does not mean this does not mean markets won’t be hanging on every word uttered by the Bank.

06 September 2016 Carney & Co. Grilled by Treasury Select Committee on their August Interest Rate Cut

Mid-week sees Pound Sterling tested by the appearance before the Treasury Select Committee of members of the Bank of England’s Monetary Policy Committee.

23 August 2016 Bank of England Asked Some Uncomfortable Questions About Longevity of Quantitative Easing Programme

The Bank of England (BOE) prepares another reverse auction to buy more of the billions of pounds worth of bonds needed to meet the target on its QE programme.

15 August 2016 Bank of England's Quantitative Easing Programme Steams Ahead, Puts Pressure on Pound Sterling

The Bank of England will look to buy bonds with a  maturity of 3-7 years today. The success of the programme could well determine how the GBP trades.

10 August 2016 British Pound Hits 2016 Low Against Euro as Bank of England's Q.E Juggernaut Proceeds

Nerves regarding the effectiveness of the Bank of England’s reverse bond-buying auction has been set aside as it found the requisite buyers.

03 August 2016 Pound Drops 1.5% as Bank of England Cuts Rates, Unleashes Hefty Quantitative Easing Package

Analysis of the Pound to Euro and Pound to Dollar pairs ahead of, and during the Bank of England’s policy decision and Inflation Report.

01 August 2016 Bank of England Must be Agressive in Order to Avoid a Strong GBP Recovery

We assess the arguments against fresh Bank of England policy measures being introduced on the 4th of August.

29 July 2016 Bank of England’s August 4th Decision - The Big Upside Risk to GBP is No Cut

The British Pound is being driven almost exclusively by expectations for a policy announcement from the Bank of England at their August 4th meeting - but what should you expect?

26 July 2016 Negative Interest Rates: The Resistance Starts

The Bank of England is on course to cut interest rates below 0.5% - a move that will be met with resistance.

25 July 2016 British Pound Falls as Martin Weale Sharpens his Knife

Pound Sterling is sharply lower on Tuesday the 26th of July after a noted Bank of England Monetary Policy Committee member indicated he is now willing to vote to cut interest rates.

05 July 2016 Bank of England Moves Against 'Crystallising Threats' to UK Economy

The Bank of England’s Financial Policy Committee (FPC) has cut the capital buffer placed on banks in order to try and mitigate against crystallising threats to the UK economy.

30 June 2016 British Pound Down Against Euro and Dollar as Carney Warns Interest Rate Cut Likely in August

The GBP will take a cue from the Bank of England’s Governor Mark Carney who is set to outline his thinking on how Britain's economy is coping with last week's vote to leave the European Union in a …

16 June 2016 British Pound / Euro Exchange Rate Forecast: EUR in Trouble as Charts Confirm Evening Doji Star, Bank of England Repeat EUref Warnings

Sterling has rebounded slightly despite Bank of England members stressing the risks - not only to the UK economy but the world financial system - of a Brexit at their June meeting

02 June 2016 New £5: Countdown to the Launch of the Churchill Note

Above: Victoria Cleland, Chief Cashier at the Bank of England, with the new five pound note. (C) The Bank of England. The UK's first polymer bank note is due to launch on the 13th of September.

20 May 2016 British Pound Mixed at Head of New Week

We have been warning over the past 24 hours that a number of key GBP pairs were looking incredibly overbought, and that a correction lower would be required to balance the market.

12 May 2016 Analyst Reactions to Bank of England’s Super Thursday

Pound sterling was a winner of what was arguably the most anticipated Bank of England inflation reports of recent times.

11 May 2016 80% Chance of ‘Hawkish Risk’ for Pound / Dollar Rate on Bank of England’s Super Thursday

One analyst describes Thursday’s Bank of England event as a “colossal risk event for sterling” - we would agree that it is a risk, but colossal may be a little extreme.