Articles by: Miroslav Marinoff

GBP/SGD settles above 8-month low, posts weekly loss

The GBP/SGD currency pair settled above recent low of 1.7011, its weakest level since March 3rd, in the wake of the Bank of England’s policy decision. The Bank of England left its benchmark interest rate without change at 4% at its November 6th meeting, in line with market expectations. Four policy makers voted in favor […] Read more

GBP/MYR settles above 9-month low, posts weekly loss

The GBP/MYR currency pair settled above recent low of 5.4589, its weakest level since January 31st, in the wake of the Bank of England’s and the Central Bank of Malaysia’s policy decisions. The Bank of England left its benchmark interest rate without change at 4% at its November 6th meeting, in line with market expectations. […] Read more

GBP/SEK settles below 2-week high, posts weekly gain

The GBP/SEK currency pair settled below Friday’s high of 12.5814, its strongest level since October 22nd, in the wake of the Bank of England’s and Sweden’s Riksbank policy decisions. The Bank of England left its benchmark interest rate without change at 4% at its November 6th meeting, in line with market expectations. Four policy makers […] Read more

Spot Gold rises as investors bolster Fed rate cut bets

Spot Gold gained on Friday, as US private-sector jobs data indicated labor market weakness and added to expectations of another interest rate cut by the Federal Reserve. Private payrolls in the US rose by 42,000 in October, following 29,000 jobs cut in September. US employers shed jobs in professional business services (-15,000), information (-17,000) and […] Read more

GBP/CHF mostly stable as focus sets on BoE

The GBP/CHF currency pair was mostly steady on Thursday ahead of the outcome of the Bank of England’s policy meeting. The Bank of England is expected to keep its benchmark interest rate intact at 4% at its November 6th meeting. In September, two BoE policy makers voted in favor of a 25 basis point rate […] Read more

SEK/NOK extends gains, focus on Norges Bank

The SEK/NOK currency pair extended gains on Thursday ahead of the outcome of Norges Bank’s policy meeting. Norges Bank is expected to leave its key policy rate without change at 4% at its November 6th meeting. In September, the central bank lowered its policy rate by 25 basis points to 4%, which marked the second […] Read more

GBP/MYR hovers near 9-month low, focus on central banks

The GBP/MYR currency pair hovered above a 9-month low of 5.4589 on Wednesday ahead of the outcome of the Bank of England’s and the Central Bank of Malaysia’s policy meetings. The Bank of England is expected to keep its benchmark interest rate intact at 4% at its November 6th meeting. In September, two BoE policy […] Read more

GBP/NOK confined in narrow range, focus on cenbank meetings

The GBP/NOK currency pair was stuck within a narrow daily range on Wednesday ahead of the outcome of the Bank of England’s and Norges Bank’s policy meetings. The Bank of England is expected to keep its benchmark interest rate intact at 4% at its November 6th meeting. In September, two BoE policy makers voted in […] Read more

GBP/SGD hovers near 8-month low ahead of BoE decision

The GBP/SGD currency pair hovered above an 8-month low of 1.7011 on Wednesday ahead of the outcome of the Bank of England’s policy meeting. The Bank of England is expected to keep its benchmark interest rate intact at 4% at its November 6th meeting. In September, two BoE policy makers voted in favor of a […] Read more

GBP/SEK confined in tight range, focus on BoE, Riksbank

The GBP/SEK currency pair was stuck within a narrow daily range on Tuesday ahead of the outcome of the Bank of England’s and Sweden’s Riksbank policy meetings. The Bank of England is expected to keep its benchmark interest rate intact at 4% at its November 6th meeting. In September, two BoE policy makers voted in […] Read more