14 October 2022 | Other

British pound bounces back on Bank of England’s extended bond purchase report

Recovery of the British pound started after the management of the Bank of England expressed its intention to extend the bond-buying program if necessary. Initially, Friday was the last day when bankers could take advantage of this program.

According to the Financial Times, banking institutions are watching investment managers have enough money to support clients with margin requirements. These specialists help pension funds monitor the risk level of their portfolios. If the bank sees that the fund manager can’t help clients, then it will extend support.



Company MarketCheese
Period: 27.04.2026 Expectation: 4800 pips
Silver sell-off with $70.0 target
Yesterday at 11:21 AM 33
Period: 20.04.2026 Expectation: 870 pips
EURUSD enters corrective phase thanks to stronger dollar
Yesterday at 10:14 AM 22
Period: 27.04.2026 Expectation: 170 pips
Selling SPX on US-Iran talks breakdown
Yesterday at 09:47 AM 23
Period: 30.04.2026 Expectation: 1300 pips
Selling ​​SPX down to $6,630
Yesterday at 06:42 AM 12
Period: 30.04.2026 Expectation: 1000 pips
Investing in EURUSD as eurozone inflation heats up
Yesterday at 06:42 AM 20
Gold buy
Period: 20.04.2026 Expectation: 17000 pips
Gold offsets morning losses amid failed US-Iran negotiations
Yesterday at 06:31 AM 39
Go to forecasts