Analysts and strategists at the major financial institutions are laying their cards on the table ahead of the Bank of England’s Super-Thursday event due on November 2.
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Pound Sterling could be on the cusp of appreciating substantially according to technical trading expert Bill McNamara.
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Foreign exchange strategists at a major global investment bank are targeting a further ~2% advance in the Pound against the Euro as they believe the Bank of England is about to initiate a new cycle…
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The Pound-to-Euro is forecast to steadily rise in the week ahead, supported by a tightening of money by the Bank of England (BOE) and political and inflationary risks weighing on the Euro.
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The Pound advanced two a new three-week best against the Euro following the news the European Central Bank is in no rush to raise interest rates. Analysts suggest further gains are now likely.
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The eagerly awaited October monetary policy announcement from the European Central Bank may turn out to be a damp squib for the common currency, as policy expectations have been well priced, but a …
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Europe's central bankers will meet on Thursday to discuss their strategy for the future - what they say is likely to have a major impact on the single currency.
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