United States Challenger Job Cuts (YoY) rose from previous 44.84K to 105.7K in July

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Aug 6, 2015

BOE downgrades inflation forecasts for 2015

The possibility of a rate hike happening this year is almost negligible after the Bank of England downgraded its short-term inflation forecasts and expressed cautious outlook for the labour market.

GBP/JPY sinks to 193.35 on BOE negative surprise

The British pound lost ground and witnessed steep losses versus the Japanese yen on Thursday, following the first ever three-way release of the rate announcement, the MPC minutes and the Inflation Report at once with all three surprising markets on the downside.