Positive outlook of Bank of England

08.05.2021
Bank of England executives with one voice voted to keep the discount rate at 0.1%. Most participants agree that it is advisable to increase the rate in the second quarter of 2023, when inflation approaches...
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Strong decline in dollar rates on the interbank market

08.05.2021
In the first half of the day, we should expect the growth of euro quotes for two reasons. Firstly, on the London interbank lending market, the three-month Libor USD rate, which is the benchmark for...
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Two interesting events for the pound

06.05.2021
Today is an interesting day for the pound. Firstly, the Bank of England will announce conclusions of its monetary policy meeting. Secondly, parliamentary elections will be held in Scotland. With regard to the first event,...
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US Treasury announced a new borrowing plan

06.05.2021
Today, the US Treasury will redeem $24 billion of Treasury bonds, which will have a negative influence on the value of the American currency. On the eve, the department announced a plan for the placement...
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Correlation between pound and oil

05.05.2021
Oil prices are approaching a two-month maximum, which is positive for the British currency, inasmuch as assets are historically correlated with each other. The European Union and the United States are planning to lift coronavirus...
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