Comments on: The King Wants and Gets a Weak Pound

By: GBP/USD Outlook – March 29 – April 2 | Forex Crunch

GBP/USD Outlook – March 29 – April 2 | Forex Crunch — Fri, 27 Aug 2010 10:47:45 +0000

[...] Spencer Dale talks: Starts speaking on Monday at 16:45 GMT. As the chief economist of the BOE, Dale has an influence on the central bank’s decisions and his opinion about the economy can move the markets. Speaking in Surrey, Dale might follow his boss Mervyn King by pushing the Pound lower. [...]

By: Forex Weekly Outlook – May 10-14 | Forex Crunch

Forex Weekly Outlook – May 10-14 | Forex Crunch — Sun, 09 May 2010 13:19:28 +0000

[...] British rate decision: Published on Monday 11:00 GMT. This rate decision was delayed due to the elections. There are speculations that Mervyn King can step up his measures, now that the elections are behind us. Inflation is rising. While the chance of raising the Official Bank Rate is very small, a different rate statement regarding future policy could boost the Pound, although this King wants a weak Pound. [...]

By: GBP/USD Outlook – May 10-14 | Forex Crunch

GBP/USD Outlook – May 10-14 | Forex Crunch — Sat, 08 May 2010 14:29:02 +0000

[...] Rate decision: Published on Monday at 11:00 GMT. This decision was delayed due to the elections and provides a strong start to the week. There are talks that Mervyn King will step up his measures, now that the elections are behind us, as the nflation is rising. While the chance of raising the Official Bank Rate is very small, a different rate statement regarding future policy could boost the Pound, although this King wants a weak Pound [...]

By: GBP/USD Outlook – April 12-16 2010 | Forex Crunch

GBP/USD Outlook – April 12-16 2010 | Forex Crunch — Sun, 11 Apr 2010 07:39:02 +0000

[...] a better growth estimate, stronger manufacturing and rising house prices, and it made gains, unwanted by policymakers. As we draw closer to election day, the importance of opinion polls will rise for the Pound. OK, [...]

By: What will move the Pound out of range? | Forex Crunch

What will move the Pound out of range? | Forex Crunch — Thu, 08 Apr 2010 14:59:04 +0000

[...] Rate decision: Although there were no news, the bank decided to move the next decision to after the elections. Are they delaying difficult decisions to a less sensitive period? Mervyn King wants a weak currency. [...]

By: Forex Daily Outlook – April 8th 2010 | Forex Crunch

Forex Daily Outlook – April 8th 2010 | Forex Crunch — Wed, 07 Apr 2010 19:01:08 +0000

[...] will be interesting to see if Mervyn King will release any negative statements about the economy in the MPC Rate Statement – this might shake the volatile [...]

By: Forex Weekly Outlook – March 22-26 | Forex Crunch

Forex Weekly Outlook – March 22-26 | Forex Crunch — Sat, 20 Mar 2010 14:41:30 +0000

[...] the reasons for the result and the measures that will be taken. He wasn’t too excited, and wants to see a weaker Pound. This time, CPI is expected to rise by 3.1%, getting back in line. Was King right? If so, the Pound [...]

By: GBP/USD Outlook – March 15-19 | Forex Crunch

GBP/USD Outlook – March 15-19 | Forex Crunch — Sat, 13 Mar 2010 16:36:22 +0000

[...] Mervyn King didn’t make public appearances this week. This could explain the Pound’s strength. We’ll get to hear him this week through the meeting minutes and through his colleagues. Let’s start the review. The technical analysis will follow: [...]

By: GBP/USD Outlook – March 8-12 | Forex Crunch

GBP/USD Outlook – March 8-12 | Forex Crunch — Sat, 06 Mar 2010 15:05:04 +0000

[...] Mervyn King sure got a weaker Pound this week – it collapsed across the board. The upcoming week consists of 8 events that will move the Pound. Here’s an outlook for these events and updated technical analysis for GBP/USD in its lower ground. [...]

By: Forex: Ben Bernanke Continues To Cast His Spells Over The Markets Today

Forex: Ben Bernanke Continues To Cast His Spells Over The Markets Today — Thu, 25 Feb 2010 15:32:25 +0000

[...] Britain, Mervyn King will get another opportunity to hurt the Pound. He’ll speak in front of the Banking Commission, and will probably move the [...]