Both the Bank of England and the European Central Bank will be making monetary policy announcements on Thursday. The market expects the ECB to remain on hold and BoE to increase their asset purchase program by GBP 50 billion. A quick look at the following tables explain why the BoE is expected to [...]

Posted in Bank of England, BoE rate cut, ECB, ecb rate cut, ecb rate hike 3 Comments »

The New Year has begun and it is important to see what the market is pricing in for central banks this year. As you may know, central bank rate hike expectations change often but as of last week, most central banks are expected to keep monetary policy unchanged in the coming year but one [...]

Posted in Australian Dollar, Bank of Canada, Bank of England, BoE rate cut, ECB, Federal Reserve, Reserve Bank of Australia, forex blog, reserve bank of new zealand 7 Comments »

The Euro and British pound have come under severe selling pressure after the ECB and BoE cut interest rates by 50bp. Interest rates are now at historic lows for both central banks and even though the rate announcements were negative for both currencies, the Euro has sold off more aggressively than the British pound [...]

Posted in 2009 british pound forecast, 2009 eurusd forecasts, Bank of England, BoE rate cut, British Pound, ECB, Trichet, credit easing, ecb rate cut, eur/usd, euro, forex blog, quantitative easing 4 Comments »

Update - 5 Reasons Why the British Pound is Being Pounded - Access my latest article Feb 28, 2010
http://www.kathylien.com/site/british-pound/british-pound-5-reasons-why-the-pound-is-being-pounded

How Did the British Pound Trade in 2008?
The British pound was one of the worst performing currencies in 2008. It fell to a 6 year low against the US dollar and record low against the Euro [...]

Posted in 2009 british pound forecast, 2009 currency forecasts, 2009 forex forecasts, 2009 gbpusd forecast, Bank of England, BoE rate cut, British Pound, Currency forecasts, Forex Technicals, eur/gbp, eur/gbp record high, forex blog 243 Comments »

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, [...]

Posted in Bank of England, BoE rate cut, British Pound, ECB, Forex News, Forex Podcast, New Zealand dollar, ecb rate cut, eur/usd, euro, forex blog, reserve bank of new zealand No Comments »