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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

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SP500 PE Ratio vs. CPI Inflation

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The Bank of England will slow its weekly purchases of UK Gilts but the total to be bought will remain unchanged at GBP875 billion, the Monetary Policy Committee said Thursday, with the move having no monetary policy impact.

"The latest announced programme of GBP150 billion in purchases started in January and its completion was expected by around the end of 2021," the MPC said in the minutes of the policy statement. As envisaged and consistent with developments in financial markets since then, "the pace of these continuing purchases could now be slowed somewhat. This operational decision should not be interpreted as a change in the stance of monetary policy," the statement added.

The latest planned operations were laid out in a Market Notice accompanying the policy decision.