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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

US

SP500 PE Ratio vs. CPI Inflation

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The Bank of England would not sanction ending reserve remuneration, saying that any such decision would be fiscal policy and a matter for the Treasury, not the Bank, adding that it would complicate monetary policy transmission, Governor Andrew Bailey said Tuesday.

Such a move "is actually fiscal policy, it is a tax on the banking system which would get passed through into the economy. It is not monetary policy ... If that decision were to be taken it would not be a decision in my view for the Bank of England," Baily told the Lords Economic Affairs Committee.