Forex Crunch » MPC Meeting Minutes

British Economy Contracts by 0.2% in Q4 2011

Yohay — Wed, 25 Jan 2012 09:30:33 +0000

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 aren’t that uncommon in Britain.

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Forex Daily Outlook January 25 2012

anat — Wed, 25 Jan 2012 02:44:14 +0000

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. Can influent market volatility.

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British Government Posts A High Deficit in November

Yohay — Wed, 21 Dec 2011 09:50:08 +0000

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.

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Forex Daily Outlook December 21 2011

anat — Tue, 20 Dec 2011 22:00:37 +0000

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 from 4.97M on November up to 5.04M is predicted now.

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Forex Daily Outlook November 23 2011

anat — Tue, 22 Nov 2011 22:00:19 +0000

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 to 389K.

Read the rest of the article Forex Daily Outlook November 23 2011

GBP/USD Outlook November 21-25

Yohay — Sat, 19 Nov 2011 23:21:47 +0000

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 really worrying the central bank is the high unemployment, which will eventually lead prices to fall. We’ll get to hear more from the BOE in the meeting minutes.

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Forex Daily Outlook – October 19 2011

anat — Tue, 18 Oct 2011 20:18:06 +0000

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 Core CPI is likely to stay 0.2% similar to September.

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GBP/USD Outlook – October 17-21

Yohay — Sun, 16 Oct 2011 11:00:10 +0000

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 worrying in Britain. Also manufacturing continues to slump. A point of light was a smaller trade balance deficit.

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GBP/USD Loses Support on Dovish Meeting Minutes

Yohay — Wed, 21 Sep 2011 08:34:15 +0000

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 will QE2 in Britain be realized?

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Forex Daily Outlook – September 21 2011

anat — Tue, 20 Sep 2011 21:00:43 +0000

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 Rate remains with no change from the previous months 2.5%.

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