British Pound Selling to Continue on Static BOE, Hawkish FOMC Minutes Fundamental Forecast for Pound: Bullish Status-Quo BOE Announcement to Amplify Slide in Rate Hike Outlook Hawkish FOMC Minutes to Help Undermine the Pound’s Yield Appeal One might have expected the British Pound to move confidently higher after the Scottish Independence referendum passed without disrupting the status quo considering the Bank of England ...
We ended a week of central bank announcements (BoE, ECB, RBA, BoJ) with heightened geopolitical tension, which propped up the USD, and even more so, the JPY. *What will be the key fundamental factors this week? Key releases will start after a light Monday. Tuesday: Eurozone ZEW Economic Sentiment (Aug.). Forecast: 41.3, Previous 48.1 German ZEW Economic Sentiment (Aug.). Forecast: 18.2, Previous: 27.1 ...
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