Created
: 2024.11.18
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
BoE speakers to speak on November 19 on monetary policy - DBS
World FX news
Breaking news
BoE speakers to speak on November 19 on monetary policy - DBS
New
2024.11.18 20:42
2024.11.18 20:42
2024.11.18 20:42
GBP/USD has a trendline support level of around 1.2570, DBS' Senior FX Strategist Philip Wee notes.
Bailey to reaffirm BoE's gradual approach on policy
"Appearing before the Parliament's Treasury Committee on November 19, Bank of England Governor Andrew Bailey and his colleagues will likely reaffirm their gradual approach to removing monetary policy restraint. Having lowered the bank rate by 25 bps in August and November, the OIS sees quarterly rate cuts to 4.25% by mid-2025."
"Following the Chancellor's budget announcement on October 31, the BOE forecasted inflation rising and staying above the 2% target until 2027, based on its assumption for rates to decline to 3.7% by 4Q25."
"On November 20, UK CPI inflation should rebound to 2.2% YoY (0.5% MoM) in October from 1.7% YoY (0% MoM) in September. While CPI core inflation is expected to moderate to 3.1% YoY from 3.2%, it remains above the 2% target."
Last updated
: 2024.11.18
Related articles
USD/CAD: Little chance of rebounding - Scotiabank
6 minutes agoUSD holds bullish undertone - Scotiabank
9 minutes agoUS Dollar flat as geopolitical takes centre stage
57 minutes agoAUD seems oversold below 0.65 - DBS
2024.11.18 20:58BoE speakers to speak on November 19 on monetary policy - DBS
2024.11.18 20:41USD: Trump Trade may lose momentum - DBS
2024.11.18 20:35
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
USD/CAD: Little chance of rebounding - Scotiabank
The Canadian Dollar (CAD) is little changed to start the week.
New
2024.11.18 22:30USD holds bullish undertone - Scotiabank
The US Dollar (USD) is consolidating in quieter trade at the start of the week.
New
2024.11.18 22:27US Dollar flat as geopolitical takes centre stage
The US Dollar (USD) consolidates on Monday after a very calm start of the week in the Asian session, with the US Dollar Index (DXY), which gauges the Greenback's value against six major currencies, slightly in the red near a fresh year-to-date high reached last Thursday above 106.50.
New
2024.11.18 21:39AUD seems oversold below 0.65 - DBS
AUD/USD appears oversold below 0.65 relative to where Asian currencies and commodity prices are, DBS' Senior FX Strategist Philip Wee notes.
New
2024.11.18 20:58BoE speakers to speak on November 19 on monetary policy - DBS
GBP/USD has a trendline support level of around 1.2570, DBS' Senior FX Strategist Philip Wee notes.
New
2024.11.18 20:41USD: Trump Trade may lose momentum - DBS
The Dollar Index (DXY) rebounded by 5.9% to 106.7 in the past 1.5 months, following its 4.8% decline to 100.8 in 3Q24, DBS' Senior FX Strategist Philip Wee notes.
New
2024.11.18 20:35Mexican Peso retreats again after three-day recovery
The Mexican Peso (MXN) edges lower in its key pairs on Monday after three consecutive days of mild gains.
New
2024.11.18 20:29USD/CAD clings to gains near 1.4100 as Canadian inflation data takes center stage
USD/CAD stays firm near 1.4100 as the US Dollar performs strongly across the board.
New
2024.11.18 20:28Crude Oil ticks up as Russia-Ukraine tensions intensify, yet bearish undertone persists
Crude Oil price is trading below $68.00 on Monday, ticking up slightly following the escalation in the war between Russia and Ukraine over the weekend. Russia launched a large air strike to hit Ukraine's power grid, while US President Joe Biden's
New
2024.11.18 20:26ECB's Makhlouf: Overwhelming evidence needed to consider a 50 bps cut in December
European Central Bank (ECB) Governing Council member and Central Bank of Ireland Governor Gabriel Makhlouf said on Monday that overwhelming evidence would be needed to consider a 50 basis points rate cut in December, pre Reuters.
New
2024.11.18 20:23Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
