Forex - EUR/USD, GBP/USD Flows: Bullard on the newswires

 12:24 (GMT) 12 Jan

  [Forex Flows]

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EUR/USD, GBP/USD Flows: Bullard on the newswires (0100-KNLM-C01)

Fed's Jamie Bullard on the newswires saying no reason to dramatically move rates now. USD is responding with another minor leg lower for EUR/USD to trade as high as 1.0670s, although it's noticeable that Cable is less enthusiastic. I always like to hear what Bullard has to say as he changes his opinion as circumstances change, instead of spouting the same old line all the time. There's one drawback though, he's no longer a voting member. IJ.

Forex - EUR/GBP, GBP/USD Flows: Carney on the newswires

 14:34 (GMT) 11 Jan

 [Forex Flows] [Central Banks]

Carney on the newswires as he appears before Treasury Select Committee and he's describing the stability of UK financial system after Brexit as a game of Jenga. Although in fairness he does say the biggest risks to financial stability remain global. Nothing so far is market moving with GBP/USD coming under the general USD cosh but GBP stronger against EUR. Nothing expected on monetary policy but never say never. IJ.

Forex - EUR/GBP, GBP/USD Flows: More strong UK data, the market's interest nil

 09:48 (GMT) 11 Jan

 [Forex Flows]

More strong economic data out of UK, Industrial Production 2.1% m/m against consensus 0.8% and manufacturing output 1.2% y/y against consensus 0.4% and GBP/USD is 20 odd pips lower in line with a little USD firmness elsewhere. It would seem that the FX market currently has no interest in UK economic data and it's all about Brexit. Carney and his merry men are in front of Treasury Select Committee at 14.15 GMT. IJ.