Central Bank Risk Out of the Way, US Jobs Report Ahead

Special report: BOE Decision - Thoughts and Insights

The Bank of England isn’t expected to make any substantive changes to policy on Thursday, though it is possible the Pound still finds a way to charge higher in the aftermath. While Brexit risk is an ongoing drag, it’s not the same type of risk as investors had feared from the Q2 2018 into early 2019.

Next 24 hours: Central Bank Risk Out of the Way, US Jobs Report Ahead

Asia and European trade was rather tentative on Thursday, with market participants still digesting the latest Fed decision, in which the initial reaction saw the Dollar rally and stocks sell off because of a less dovish than expected read. But since those moves, we’ve been mostly sideways. The BOE has come and gone, offering no major surprises.

Global FX Insights Next 24 hours   LMAX Exchange  

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