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User Time Action Performed
  • Statement from the Governor of the Bank of England

    From bankofengland.co.uk

    The Bank is monitoring developments in financial markets very closely in light of the significant repricing of financial assets. In recent weeks, the Government has made a number of important announcements. The Government’s Energy Price Guarantee will reduce the near-term peak in inflation. Last Friday the Government announced its Growth Plan, on which the Chancellor has provided further detail in his statement today. I welcome the Government’s commitment to sustainable economic growth, and to the role of the Office for Budget Responsibility in its assessment of prospects for the economy and public finances. The ... (full story)

Added at 11:37am
  • Emergency BoE statement with no rate action today: "The MPC will not hesitate to change interest rates by as much as needed to return inflation to the 2% target sustainably in the medium term" pic.twitter.com/qrmRqpzCar

    — Mehreen Khan (@MehreenKhn) September 26, 2022
Added at 11:37am
  • BOE: AS THE MONETARY POLICY COMMITTEE HAS STATED, THE IMPACT OF THE GOVERNMENT'S ANNOUNCEMENTS AND THE FALL IN STERLING ON DEMAND AND INFLATION WILL BE FULLY ASSESSED AT THE MONETARY POLICY COMMITTEE'S NEXT SCHEDULED MEETING.

    — Breaking Market News (@financialjuice) September 26, 2022
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  • Comment #1
  • Quote
  • Sep 26, 2022 11:38am Sep 26, 2022 11:38am
  •  Citi1
  • | Joined Mar 2018 | Status: Member | 68 Comments
wow....................................
 
 
  • Comment #2
  • Quote
  • Sep 26, 2022 11:39am Sep 26, 2022 11:39am
  •  Citi1
  • | Joined Mar 2018 | Status: Member | 68 Comments
wow.................................... no use still falling
 
 
  • Comment #3
  • Quote
  • Sep 26, 2022 11:41am Sep 26, 2022 11:41am
  •  BaliBoyz80
  • | Joined Mar 2020 | Status: Member | 670 Comments
guarantee for reduce inflation, i think hawkish statement.
 
 
  • Comment #4
  • Quote
  • Sep 26, 2022 11:44am Sep 26, 2022 11:44am
  •  NotBoris
  • | Joined Jul 2019 | Status: Member | 1421 Comments | Online Now
The clash of the "titans" => trickle down trussonomics vs BOE. This will be unlike the old times of J Major where he was able to manipulate the %. Tricky time for truss indeed.

Interesting move
 
 
  • Comment #5
  • Quote
  • Sep 26, 2022 11:46am Sep 26, 2022 11:46am
  •  fxsport
  • Joined Jul 2007 | Status: Member | 2661 Comments
So let's see how to do it THIS time....
Attached Image (click to enlarge)
Click to Enlarge

Name: soros.png
Size: 381 KB
...because you never know - until you do!
 
 
  • Comment #6
  • Quote
  • Edited 11:59am Sep 26, 2022 11:49am | Edited 11:59am
  •  KareemAliFx
  • Joined Oct 2019 | Status: Member | 154 Comments
Dovish they took no action and decided to wait for the next meeting holding on to my shorts but would like to see upside so I can add more shorts
Master your mind. Master Trading.
 
 
  • Comment #7
  • Quote
  • Sep 26, 2022 11:51am Sep 26, 2022 11:51am
  •  Guest
  • | IP XXXX:d724:2c30
Not bearish. See the effect by the end of the day. It's good to maintain the composure and act on scheduled dates. Panic and emergency increment of interest rate will do the same thing as it did last time/Black Wednesday/1992 rather than helping the GBP.
 
1
  • Comment #8
  • Quote
  • Edited 10:24pm Sep 26, 2022 1:44pm | Edited 10:24pm
  •  KareemAliFx
  • Joined Oct 2019 | Status: Member | 154 Comments
Quoting Guest
Disliked
Not bearish. See the effect by the end of the day. It's good to maintain the composure and act on scheduled dates. Panic and emergency increment of interest rate will do the same thing as it did last time/Black Wednesday/1992 rather than helping the GBP.
Ignored
Ya I’m certainly enjoying the effect so far
Master your mind. Master Trading.
 
 
  • Comment #9
  • Quote
  • Sep 26, 2022 3:52pm Sep 26, 2022 3:52pm
  •  Guest
  • | IP XX.XX.192.250
Ha..as ever...all puff, no Dragon
 
 
  • Comment #10
  • Quote
  • Sep 26, 2022 9:44pm Sep 26, 2022 9:44pm
  •  UnBearybull
  • | Joined Aug 2016 | Status: Member | 601 Comments
Quoting fxsport
Disliked
So let's see how to do it THIS time....{image}
Ignored
How I would like SOROS to give the UK Govt. a GOOD SPANKING.....AGAIN
 
1
  • Comment #11
  • Quote
  • Sep 26, 2022 9:45pm Sep 26, 2022 9:45pm
  •  UnBearybull
  • | Joined Aug 2016 | Status: Member | 601 Comments
Quoting UnBearybull
Disliked
{quote} How I would like SOROS to give the UK Govt. a GOOD SPANKING.....AGAIN
Ignored
A TORY GOVT...as usual.
 
 
  • Comment #12
  • Quote
  • Sep 26, 2022 10:19pm Sep 26, 2022 10:19pm
  •  NotBoris
  • | Joined Jul 2019 | Status: Member | 1421 Comments | Online Now
Quoting UnBearybull
Disliked
{quote} How I would like SOROS to give the UK Govt. a GOOD SPANKING.....AGAIN
Ignored
It is more likely C Odey this round but they are in cahoots with each other, the blues n hf ganging up....full corruption in display
 
 
  • Comment #13
  • Quote
  • Sep 27, 2022 4:09am Sep 27, 2022 4:09am
  •  gazrok
  • | Joined Jul 2022 | Status: Junior Member | 10 Comments
Like always, buy the rumour and sell the news. It will likely recover some of the losses until next meeting, and be shorted again once the news are released.
 
 
  • New Comment
  •  Guest
  • | IP X.XXX.118.27
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    • Older Stories  
    ECB’s Lagarde: Economic Outlook Darkening, to Hike Rates Further over Next Few Meetings

    From econostream-media.com|Sep 26, 2022

    European Central Bank President Christine Lagarde on Monday said that the Governing Council intended to continue raising interest rates at its coming meetings even as economic ...

    British pound falls to almost 40-year low, barely above parity with U.S. dollar

    From cbc.ca|Sep 26, 2022|2 comments

    The British pound fell to its lowest level since 1985 on Monday, along with other assets priced in it, as fears mount about dwindling economic growth and the government's plan to ...

    Collins: Raising Interest Rates Further Is Necessary To Bring Inflation to Target

    From @DeItaone|Sep 26, 2022

    tweet at 10:00am: Boston Fed's Collins: Raising Interest Rates Further Is Necessary To Bring Inflation to Target --WSJ Collins: Slowing Inflation Will Require Slower Employment Growth and Higher Unemployment Rate tweet at 10:01am: *#FED’S COLLINS SAYS FURTHER MONETARY POLICY TIGHTENED NEEDED - BBG *COLLINS: SEEKING `CLEAR AND COMPELLING’ SIGNS INFLATION FALLING *COLLINS: OPTIMISTIC US ECONOMY CAN AVOID SIGNIFICANT SLOWDOWN *COLLINS SAYS FED’S ACTIONS SHOWS RESOLVE TO TACKLE INFLATION

    •   Newer Stories
    Pound to US Dollar Rate Going Below Parity Before Year-end says Nomura

    From poundsterlinglive.com|Sep 26, 2022|4 comments

    The Pound to Dollar exchange rate is set to fall below 1.0 before the end of the year, according to new research. Nomura - the Japan-based international investment bank - says it ...

    Bank of England says it’s monitoring markets ‘very closely’ after pound falls to historic low

    From cnbc.com|Sep 26, 2022

    The Bank of England on Monday said it is monitoring financial market developments “very closely” after a dramatic morning of market turmoil saw the British pound fall to an ...

    Fed's Bostic: Investor Reaction To UK Fiscal Plan Is Because To Rising Uncertainty

    From @LiveSquawk|Sep 26, 2022

    tweet at 12:09pm: Fed's Bostic: Investor Reaction To UK Fiscal Plan Is Because To Rising Uncertainty - UK Proposal Increased Uncertainty, Raised Questions About Direction Of Economy tweet at 12:09pm: FED'S BOSTIC: WE STILL HAVE A LONG WAY TO GO TO CONTROL INFLATION. tweet at 12:11pm: BOSTIC: ACTION OF GLOBAL CENTRAL BANKS "NOT AS UNCOORDINATED AS SOME MIGHT THINK," INTERNATIONAL OFFICIALS TALK OFTEN BOSTIC: FED NOW GETTING TO WHAT MAY BE SEEN AS MORE RESTRICTIVE tweet at 12:30pm: BOSTIC: NO ONE SHOULD DOUBT FED'S RESOLVE TO CONTROL INFLATION

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  • Story Stats
  • Posted: Sep 26, 2022 11:36am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 13  /  Views: 5,967
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