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Bank of England Reaction: GBP/USD Jumps on More Hawkish BoE

Bank of England provides more hawkish statement. 7-2 vote split on Gilt purchases. GBP jumps above 1.3700

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Canadian Dollar Forecast: USD/CAD Sell-Off Accelerating Into Support

The neutral to mildly hawkish sentiment from yesterday’s FOMC meeting is not playing out in USD/CAD which continues to slide lower.

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XAU/USD Price Forecast: Conflicting Fundamentals Hinder Gold’s Recovery

XAU/USD is struggling to find its footing as the risk-off mood clashes with the Fed’s hawkishness

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FTSE 100 Price Outlook: Bank of England to Leave Advance in UK Stocks Intact

The Bank of England MPC will not want to rock the boat in the UK financial markets. If the FTSE and GBP are stable after its monetary policy meeting it will pat itself on the back.

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EU Breaking News: DAX, EUR/USD Shrug Off Missed German and EU PMI’s

The Euro along with European equities have flouted missed PMI data as the DAX marches higher while EUR/USD tests key horizontal levels.

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