Post Tagged with: "Andrew Sentance"
The travails Europe’s periphery
China raises reserve requirements once more Plosser says ‘not inconceivable’ Fed could hike this year More inflation worries for the ECB Sentance remains an unrepentant hawk Guest post by FXPro The recent renewed focus on the troubles in the PIGS intensified on Friday, resulting in a further widening in bond spreads and some softness in
No New Votes for a Rate Hike – Pound Falls
The latest meeting minutes of the MPC have shown that no new members voted for raising the interest rate. GBP/USD lost the gains it made beforehand and is now at support. Update on this volatile pair. The MPC meeting minutes have shown the same result as last time – 6:3. Six members, including BOE governor
Forex Daily Outlook – March 22 2011
The speeches of FOMC Member Fisher and Treasury Sec Geithner together with Canadian Retail sales are the main events this day. Here is an outlook on the major market-movers. In the US, FOMC Member Fisher Speaks, Federal Reserve Bank of Dallas President Richard Fisher is due to deliver a speech titled “Monetary and Fiscal Policy
Forex Daily Outlook – February 17 2011
Fed Chairman Bernanke Testifies in Washington DC and Philly Fed Manufacturing Index Are some of the interesting events. .Let’s see what awaits us today. In the US, Federal Reserve Chairman Ben Bernanke; due to testify on the oversight of Dodd-Frank implementation before the Senate Banking Committee, in Washington DC. As head of the central bank,
GBP/USD Outlook – February 14-18
The pound managed to hold to support in a busy week. The upcoming is no less busy, with inflation and employment figures being the highlights. Here’s an outlook for the British events, and an updated technical analysis for GBP/USD. It didn’t happen in the past week. Yet again, the interest rate was left unchanged, in
GBP/USD Jumps on Pressures for a Hike – Short Opportunity?
Andrew Sentance is not alone – the British MPC Meeting Minutes revealed that another member of the MPC, Martin Weale, voted in favor of rate hike. This added pressure raises the chances of a rate hike sooner than later, but it’s important to note that the meeting was held well before the horrible GDP figure. Is this
Forex Daily Outlook – January 24 2011
We start the week with interesting events. In Europe Flash Manufacturing & Services PMI, MPC Member Sentance Speaks in London and much more. Let’s see what awaits us today. In the US, Treasury Currency Report, It provides a detailed review of global exchange rate policies, economic conditions, and central bank and government actions around the
Forex Daily Outlook – November 24 2010
Core Durable Goods Orders in the US, Revised GDP in UK and German Ifo Business Climate, are only some of the busy outlook of the day. Let’s see what awaits us today. In the US, Durable Goods Orders, new purchase orders placed with manufacturers for durable goods is about to reduce by 0.5%, while the
GBP/USD Outlook – November 22-26
Public appearances by many senior officials and the second release of GDP are the highlights of British events this week. Here’s an outlook for British events and an updated technical analysis for GBP/USD, now in lower ground. GBP/USD chart with support and resistance lines on it. Click to enlarge: The pound enjoyed higher inflation and
Forex Daily Outlook – October 13 2010
Great Britain Claimant Count Change and Fed Chairman Bernanke speech are the top of our market moving events. Here is an outlook on the most influential activities awaiting us today. Federal Reserve (Fed) Chairman Ben Bernanke, due to participate in a panel discussion about business innovation at the Life Sciences Greenhouse, in Pittsburgh. Audience questions