Peter Dragicevich, Nomura, says the Bank of England will raise interest rates in August as a way of removing some of the stimulus it enacted post-Brexit.
Commodity-linked currencies such as the Canadian dollar and Norwegian crown took a hit on declining oil prices.
An influential Federal Reserve official said U.S. inflation would pick up as wages improved.
The dollar steadied after reaching a 3-week peak following hawkish comments from an influential U.S. Federal Reserve official.
Bank of England governor Mark Carney’s message to the City on Tuesday was that talk of an imminent rise in interest rates was premature.
Bank of England Governor Mark Carney takes a look at the recent protectionist rhetoric that’s been arising as of late, with comment on trade and the U.K. economy.
Bank of England Governor Mark Carney talks about monetary policy in today’s current economic environment, with comment on interest rates.
Greg Matwejev, Morris Capital, says the Bank of England news is not a gamechanger as markets are likely to punish the pound on negative U.K. headlines.
Data out Thursday showed the latest sign of the growing hit to the economy from rising inflation since the Brexit vote.
Following the Bank of England's rate decision on Thursday, Martin Arnold, macro and FX strategist at ETF Securities, takes a look at the voting division between policymakers.
Ahead of the Bank of England’s latest monetary policy decision, CNBC’s Gemma Acton talks about the BOE's strategy, as well as the U.K. consumer and political developments in the region.
The Bank of England has decided to hold off from raising interest rates in June, as widely expected by investors. CNBC’s Gemma Acton reports.
Martin Arnold, macro and FX strategist at ETF Securities, reacts to the Bank of England’s latest monetary policy decision, with comment on the challenges now facing the central bank.
British inflation rose to its highest level since September 2013 last month, according to official data on Tuesday.
Central banks tend to find transparency difficult when it comes to declaring the reasoning behind their monetary policy: Buiter.
European markets closed lower; BoE hold interest rates; Hikma down 7%
Dominic Schnider, UBS Wealth Management, says with challenges expected ahead, the Bank of England will likely be moving slowly.
European markets edged higher on Thursday as investors continued to digest political uncertainties and reacted to corporate earnings.
British inflation stood at 2.3 percent in annual terms in the month of March, unchanged from the near four-year high seen in the February reading.
The Bank of England has responded to a news story implicating the institution in the Libor manipulation scandal.