Asia markets traded mixed on Monday, as traders eye key central bank meetings in the U.S. and Japan due later in the week. » Read More
The Bank of England held its benchmark interest rate at a record low on Thursday, prompted by feeble wage growth and stagnation in the euro zone.
The Bank of England held its base rate unchanged at 0.5 percent.
Geoffrey Yu, FX strategist at UBS, says he likes sterling in the short term but an "adverse" outcome in a referendum on EU membership would create worries for the currency.
CNBC's Pauline Chiou takes you through this week's key risk events.
Dean Turner, UK economist and macro strategist, CIO at UBS Wealth Management says that he expects that the Bank of England will raise UK interest rates around August 2015.
Robert Wood, U.K. economist at Berenberg Bank, says he expects to see a fall in petrol and food prices in the U.K., and warns that inflation could fall to 1 percent in coming months.
Repeated scandals at banks' trading desks show the sector's compensation must be regulated to stop encouraging misconduct, BOE Gov. Mark Carney said.
Jeremy Stretch, head of FX strategy at CIBC, says it could be a "dangerous game" waiting for further positive economic date before the Bank of England tightens monetary policy.
Bank of England governor Mark Carney, discusses the central bank's inflation outlook and growth projection.
Responding to a question from CNBC about his policy stance, Bank of England governor Mark Carney, says he is a "pragmatist".
Bank of England governor Mark Carney, says an interest rate rise is data dependent.
Bank of England governor Mark Carney, says he does not expect a "rapid return" of inflation to the central bank's 2 percent target.
Bank of England governor Mark Carney, says the economic developments in Europe are "troubling" but the European Central Bank is taking the right monetary policy measures.
Bank of England governor Mark Carney, says the central bank's chief foreign exchange dealer was dismissed because of "serious misconduct" which was against the bank's internal policies.
Bank of England governor Mark Carney, says wages exceeding inflation is part of a "well-functioning economy".
The Bank of England's chief FX dealer was dismissed for serious misconduct relating to internal policies, but not related to the FX manipulation cases investigated by the FCA and CFTC.
The Bank of England kept interest rates at 0.5 percent on Thursday, but Steven Saywell, global head of FX strategy at BNP Paribas, says investors should keep a close eye on the inflation report next week to give an indication of the timing of a rate hike.
Valentin Marinov, director of FX strategy at Citi, says investors should still be long sterling against the euro.
Members of the Bank of England's monetary policy committee (MPC) voted 7-2 for keeping rates unchanged at 0.5 percent, according to official minutes, CNBC's Helia Ebrahimi reports.
Are central bankers worried about deflation? CNBC's Steve Liesman examines inflation and deflation targets and trends and how they play into monetary policy in England.