Pound Hits Two-Week Low as Bailey Opens Door to More Rate Cuts [Yahoo! Finance]
CREDIT AGRICOLE UNSP/ADR (CRARY)
NASDAQ:AMEX Investor Relations:
credit-agricole.com/en/finance/finance
Company Research
Source: Yahoo! Finance
(Bloomberg) -- The pound slid to its lowest in two weeks versus the dollar following dovish comments by Bank of England Governor Andrew Bailey. Most Read from Bloomberg Sterling fell as much as 0.8% to $1.3169 to head for a third straight day of declines. Bailey said in an interview with the Guardian that he sees a chance of more aggressive interest-rate cuts provided that news on inflation continues to be good. On Wednesday, money markets almost fully priced in a quarter-point cut by the BOE in November while assigning a more than 40% probability to a consecutive reduction in December. Later this month, European Central Bank is also expected to slash its policy rate amid souring business surveys, easing price pressures and the reassurance offered by the Federal Reserve's pivot to easing. “The comments could erode the rate appeal of the pound which has easily been its main support,” said Valentin Marinov, head of Group-of-10 FX strategy at Credit Agricole in London. “The best
Show less
Read more
Impact Snapshot
Event Time:
CRARY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CRARY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CRARY alerts
High impacting CREDIT AGRICOLE UNSP/ADR news events
Weekly update
A roundup of the hottest topics
CRARY
News
- Trafigura Paid Bribes Via ‘Mr. Non-Compliant,' Swiss Prosecutors Say [Yahoo! Finance]Yahoo! Finance
- Italy brings on board Banco BPM in $1.2 billion Monte dei Paschi stake sale [Yahoo! Finance]Yahoo! Finance
- Credit Agricole SA (CRARF) Q3 2024 Earnings Call Highlights: Navigating Profit Challenges and ... [Yahoo! Finance]Yahoo! Finance
- Credit Agricole's traders trump retail weakness as bank reports mixed Q3 [Yahoo! Finance]Yahoo! Finance
- Credit Agricole's traders trump retail weakness as bank reports mixed Q3 [Yahoo! Finance Canada]Yahoo! Finance Canada