Post Tagged with: "Asset Purchase Facility"
British QE Raised to £325 as Expected – GBP/USD Jumps
The British Monetary Policy Committee decided to expand the Asset Purchase Facility by an additional 50 billion pounds to £325, as widely expected. GBP/USD is jumping after the release, as an expansion of 75 billion pounds was also on the cards. This comes on the background of rising unemployment. Recent figures, including an improvement in manufacturing,
Forex Daily Outlook February 9 2012
Unemployment Claims in the US and MPC Rate Statement in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, The number of individuals who filed for unemployment insurance over the last week, is due to rise up from 367K to 390K. More in the US, Wholesale Inventories,
UK 2012: Investors Pay to Lend to Government While Total Debt Passes 500%
The UK joined the exclusive club of countries that are able to raise money at negative interest rates. On the other hand, the deleveraging process has skipped this country, despite all the austerity. There are 4 explanations for this discrepancy. How long can it last? Britain recently raised 700 million pounds in the markets. The
Forex Daily Outlook January 12 2012
US retail sales and Unemployment claims are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, important indicator to value the unemployed that are looking for jobs over the last month, rise of 1K is predicted up to 373K. More in the US, Retail Sales, Key consumer spending gauge, expectds
Forex Daily Outlook December 8 2011
Rate decisions in the UK and in the euro-zone are the major market-movers as tension mounts towards the EU Summit. Let see what awaits us today. In the US, Unemployment Claims, value the number the unemployed that asked for insurance on the past month, about to reduce down to 397K from 402K in November. More
GBP/USD Outlook December 5-9
The British pound enjoyed the optimism that came from the coordinated central bank action. Will it break even higher? The upcoming week is very busy, with the rate decision being the highlight. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The housing sector is relatively stable: this was seen in
Forex Daily Outlook November 10 2011
Trade Balance in the US and Official Bank Rate in the UK are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Unemployment Claims, important sign of overall financial health that measures the unemployment insurance filed on the last week, rise is expected from 397K up to
GBP/USD Outlook November 7-11
The British pound couldn’t escape the debt crisis in continental Europe and slid lower in an exciting week. The upcoming week is very busy, with the rate decision being the star of the show. Here is an outlook for the upcoming events and an updated technical analysis for GBP/USD. Britain enjoyed some nice growth in Q3, but
GBP/USD Crashes as Extra 75 billion of QE Announced
GBP/USD is now plunging as the British Monetary Policy Committee decided to embark on more QE – Big time. An addition of 75 billion pounds to a total of 275 billion is at the high end of expectations, and at a low end for the pound. The interest rate remained at 0.50%, as expected. GBP/USD
Forex Daily Outlook – October 6 2011
Unemployment Claims in the US and ECB Press Conference in Europe are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, significant indicator of overall financial health, weekly report to value the number of unemployed that for the first time filed for insurance over the passing week, raise from 391K