Search Results for: Bank of England
The Bank of England is Entertaining its Own Official Cryptocurrency
January 3rd, 2018
As originally reported by The Telegraph, the Bank of England may approve the creation of a state-sponsored cryptocurrency within the year. Just last year, the bank announced it had commissioned a theoretical currency, RS Coin, which could be used ...
How the Bank of England could surprise currency traders on Thursday
November 2nd, 2017
Market expectations indicate a 90 percent chance that the BOE will announce a rate hike Thursday Market expectations project only one rate hike in 2018, but if inflation remains above the bank’s 2 percent target, the BOE could be ...
Pound to Euro: Bank of England in Focus in Week Ahead
December 12th, 2016
The main event in the week ahead for GBP/EUR is the meeting of the Bank of England on Thursday. There is not expected to be any changes in policy from Threadneedle Street but there is always a risk of ...
The official Statement from the Governor of the Bank of England following Brexit vote
June 28th, 2016
The people of the United Kingdom have voted to leave the European Union. Inevitably, there will be a period of uncertainty and adjustment following this result. There will be no initial change in the way our people can travel, ...
Pound dives as Bank of England rules out rate rise amid weak UK growth
January 20th, 2016
Currency traders react to Mark Carney’s downbeat assessment by selling pound to $1.42, its weakest since March 2009 The Bank of England governor has sent the pound into a nosedive after he ruled out an early rise in interest rates, saying ...
U.S. contacts UK FX trader over Bank of England meeting – source
May 14th, 2015
London The U.S Department of Justice has requested an interview with a senior London-based currency trader who attended a meeting with Bank of England officials three years ago that ultimately became pivotal to a global investigation into allegations of ...
European Central Bank and Bank of England announce measures to enhance financial stability
March 30th, 2015
European Central Bank and Bank of England announce measures to enhance financial stability in relation to centrally cleared markets in the EU The European Central Bank (ECB) and the Bank of England (BoE) are today announcing a series of ...
SFO launches investigation into Bank of England liquidity auctions
March 5th, 2015
It is unclear whether the Bank’s employees are suspected of involvement in any attempt to rig the auctions, used as emergency lending during the credit crisis The Bank of England has, today, issued the following statement: “Following the ...
Report on role of Bank of England officials in relation to conduct issues in the foreign exchange market
November 12th, 2014
The Oversight Committee has today published an independent report by Lord Grabiner QC. This follows his investigation into whether, between 2005 and 2013, any Bank of England official was involved in, or aware of, conduct issues in the foreign ...
Two Bank of England Officials in favor of Rate Rise
September 17th, 2014
Two Bank of England policymakers again voted to raise interest rates this month, leaving the central bank divided for a second successive month, but the rest of their colleagues remained firmly against tighter policy. External members Martin Weale and ...
