{"id":149998,"date":"2019-06-20T10:59:11","date_gmt":"2019-06-20T14:59:11","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=149998"},"modified":"2019-06-20T10:28:32","modified_gmt":"2019-06-20T14:28:32","slug":"bank-of-england-latest-central-bank-to-stand-downbeat","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/06\/bank-of-england-latest-central-bank-to-stand-downbeat\/","title":{"rendered":"Bank of England latest central bank to stand downbeat"},"content":{"rendered":"
June 20, 2019<\/div>
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By Jameel Ahmad, Global Head of Currency Strategy and Market Research at ForexTime<\/a><\/strong>
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There are no real surprises that the Bank of England (BoE) left interest rates unchanged at the conclusion of its latest monetary policy meeting today, but the most interesting twist that occurred included the BoE following the lead of the Federal Reserve overnight and the ECB the day prior, by appearing downbeat on the economic outlook.<\/p>\n

This results in yet another contrast and twist from a central banker when you consider that BoE Governor Carney, made optimistic comments on the potential for higher interest rates in the United Kingdom just one week ago!<\/p>\n

Overall the main action in the FX markets is investors shorting the USD in the aftermath of the Federal Reserve indicating that it is preparing to lower US interest rates. The USD has dropped across the board during trading on Thursday as expected, including against all of the G10, most emerging and Asian currencies with Gold remaining close to a five-year high above $1390.<\/p>\n

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Source : Bloomberg Terminal<\/p>\n

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Source : Bloomberg Terminal<\/p>\n

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Source : Bloomberg Terminal<\/p>\n<\/div>\n<\/div>\n<\/div>\n

Disclaimer: <\/strong>The content in this article comprises personal opinions and should not be construed as containing personal and\/or other investment advice and\/or an offer of and\/or solicitation for any transactions in financial instruments and\/or a guarantee and\/or prediction of future performance. ForexTime (FXTM), its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same.<\/em><\/p>\n<\/div>\n

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\"Forex-Time-Logo\"Article by ForexTime<\/a><\/span><\/strong><\/p>\n

ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By Jameel Ahmad, Global Head of Currency Strategy and Market Research at ForexTime There are no real surprises that the Bank of England (BoE) left interest rates unchanged at the conclusion of its latest monetary policy meeting today, but the most interesting twist that occurred included the BoE following the lead of the Federal Reserve […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-149998","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/149998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=149998"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/149998\/revisions"}],"predecessor-version":[{"id":150000,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/149998\/revisions\/150000"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=149998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=149998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=149998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}