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Zero inflation doesn’t influence my vote – BOE’s McCafferty

FXStreet (Mumbai) - BOE’s McCafferty was back on wires assuring markets that his vote (in favour of rate hike) would not change due to the headline consumer price index (CPI) at zero levels.

Key Quotes

“Easy to overstate China impact on UK, confidence remains robust to turmoil”

“BOE's Nov forecasts to include global slowdown”

“Global risks to UK haven't crystallized, market has over reacted to changing outlook”

EUR/USD keeps the 1.10-1.16 range – Danske Bank

Senior Analyst at Danske Bank Christin Tuxen expects the pair to remain in a consolidative range between 1.10 and 1.16...
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CAD: Majority victory for Liberal Party - MUFG

Lee Hardman, Currency Analyst at MUFG, suggests that the Canadian dollar has displayed little initial reaction overnight to reports that the Liberal Party are set to form an unexpected majority government in Canada.
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