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Post Tagged with: "MPC Meeting Minutes"

British Economy Contracts by 0.2% in Q4 2011

British Economy Contracts by 0.2% in Q4 2011

The first release of British Gross Domestic Product for the last quarter of 2011 showed that the economy contracted by 0.2%. Early expectations stood on a contraction of 0.1%. GBP/USD is rising. It fell before the publication. It seems that rumors were out there and now the pound is “rising on the fact”. Data leaks

Forex Daily Outlook January 25 2012

Forex Daily Outlook January 25 2012

FOMC Statement in the US and MPC Meeting Minutes in the UK are the main events today.  Here is an outlook on the market-movers awaiting us World Economic Forum (WEF) Annual Meetings – Day 1, this time is held in Davos for Bankers, Political, trade & finance Ministers and Commercial leaders from around 90 countries.

British Government Posts A High Deficit in November

British Government Posts A High Deficit in November

The British central government and local governments posted a deficit of 15.2 billion in November, a bit less than expected, but five times the deficit seen in October.  The current coalition government has vowed to bring down the high debt pile that the UK has. GBP/USD is unchanged at around 1.5725. Also in the UK,

Forex Daily Outlook December 21 2011

Forex Daily Outlook December 21 2011

Existing Home Sales in the US and MPC Meeting Minutes in the UK are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Existing Home Sales, monthly report to value the inhabited houses that were sold on the last month (the previous month (not including new building), rise

Forex Daily Outlook November 23 2011

Forex Daily Outlook November 23 2011

Unemployment Claims in the US and MPC Meeting Minutes in the UK are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Unemployment Claims, weekly indicator to value the individuals who filed for number of unemployment insurance submissions on the past week, rise of 1K is expected up

GBP/USD Outlook November 21-25

GBP/USD Outlook November 21-25

The British pound suffered from higher unemployment and the European debt crisis and lost a lot of ground. A revision of Q3 GDP is the highlight of the week. Here is an outlook for the upcoming events and an updated technical analysis for GBP/USD. British inflation dropped to 5%, still far above the official target, but what’s

Forex Daily Outlook – October 19 2011

Forex Daily Outlook – October 19 2011

Building Permits in the US and MPC Meeting Minutes in the UK are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Consumer Price Index (CPI), value the price of various goods and services on the last month, due to drop down by 0.1% to 0.3%. Meanwhile the

GBP/USD Outlook – October 17-21

GBP/USD Outlook – October 17-21

The British pound reached higher ground, although the ride was very bumpy. The upcoming week provides a view into the decision on QE2, inflation figures and more. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. While the rise in jobless claims was smaller than expected, the unemployment situation remains very

GBP/USD Loses Support on Dovish Meeting Minutes

GBP/USD Loses Support on Dovish Meeting Minutes

GBP/USD loses support and and is testing lower ground. This comes after the meeting minutes of the latest rate decision in Britain were quite dovish. While only one member voted for expanding the QE program right now, this option was seriously discussed by other members as well. Adam Posen might not remain alone next month. When

Forex Daily Outlook – September 21 2011

Forex Daily Outlook – September 21 2011

US Existing Home Sales and FOMC Statement are the major market-movers. Here is an outlook on the important events lined up for us todat. In the US, Federal Open Market Committee (FOMC) Statement, key tool used by the FOMC that affects the investors regarding the monetary policy & the financial outlook. And the Federal Funds