The Bank of England may have to inject as much as ?500bn into the economy to rescue Britain’s faltering recovery, economists warned after the central bank shocked markets by restarting its money printing programme. Read More Bank of Englands QE2 may reach ?500bn, economists warn
Posted in FX News | Tagged 500bn, bank, economists, englands, may, of, qe2, reach, warn
The Chancellor is unlikely to meet his short-term targets for cutting the deficit because of the worrying outlook for the economy, economists have warned. Read More UK economic outlook worrying, experts warn
Posted in FX News | Tagged economic, experts, outlook, uk, warn, worrying
The US dollar erased its gains today and posted the biggest weekly decline in three months after Standard & Poor’s warned that it may cut the US credit rating as the US lawmakers can’t agree on the nation’s debt ceiling.(…)Read the rest of S&P Warn About Possible Downgrade of US Rating, USD Down (148 words) Posted on Forex News. Read More SdanP Warn About [...]
Posted in FX News | Tagged about, down, downgrade, of, possible, rating, sp, us, usd, warn
Elevated volatility expectations ahead of a pivotal US Federal Reserve interest rate decision warns of sharp currency moves in the week ahead, and traders should actively control risk ahead of major event risk. Our DailyFX 1-Week Volatility Index is now at its highest levels since the ‘Flash Crash’ as FX Options markets gear up for [...]
Posted in FX News | Tagged ahead, big, expectations, forex, in, moves, of, outlook, strategy, volatility, warn, week
UK economy on a knife-edge, with “substantial” risks of a relapse balanced against signs of recovery. Read More Economy is on a knifeedge, warn Bank of England policymakers
Posted in FX News | Tagged a, bank, economy, england, is, knifeedge, of, on, policymakers, warn
Two former BoE policy-makers warn rates will have to rise more sharply to keep inflation under control. Read More Interest rates will go up quicker than anyone expects, exBank of England officials warn
Posted in FX News | Tagged anyone, england, exbank, expects, go, interest, of, officials, quicker, rates, than, up, warn, will
Recent forex market moves have led to a sharp advance in forex options market volatility expectations, making short-term forecasts especially difficult and warning of large US Dollar moves ahead. Shifts in FX Options risk reversals have been especially dramatic in fast-moving pairs such as the British Pound/US Dollar and US Dollar/Swiss Franc. Read More Forex [...]
Posted in FX News | Tagged dollar, euro, forex, markets, of, options, us, volatility, warn
Prime Minister promises to pull the economy out of the ”storm”, but insists recovery depends on holding to present course. Read More Gordon Brown to warn economic storm not yet over
Posted in FX News | Tagged brown, economic, gordon, not, over, storm, to, warn, yet
Britain has not yet shaken off the risk of slumping into a deflationary spiral like the world’s secondlargest economy. Read More UK risks a Japanstyle lost decade BoE will warn
Posted in FX News | Tagged a, boe, decade, japanstyle, lost, risks, uk, warn, will
Unemployment in Britain is at the highest level since Labour came to power official figures showed yesterday and economists warned worse is yet to come. Read More Record UK unemployment figures will get worse warn economists
Posted in FX News | Tagged economists, figures, get, record, uk, unemployment, warn, will, worse