Following the Bank of England’s inflation report and an RBA rate cut, Alex Young joins Michael Hewson to look at the current outlook for sterling, the Australian dollar, the yen and US crude oil.
  • GBP/USD – Carney’s forward guidance caused a 300-point range
  • AUD/USD – hit multi-year lows at $0.8850 but rebounded after rate cut
  • US crude oil – Disappointing Non-Farms has seen a large sell off
  Video content by Michael Hewson of CMC Markets. Content provided by CMC Markets. CMC Markets UK plc and CMC Spreadbet plc are authorised and regulated by the Financial Services Authority in the UK, registered offices, 133 Houndsditch, London, EC3A 7BX.