Post Tagged with: "MPC Meeting Minutes"
Forex Daily Outlook – May 20th 2009
Wednesday features a nice bunch of releases: British Meeting Minutes, Canadian CPI and the FOMC’s Meeting Minutes will dominate today’s trading. And there’s more… In Australia, Westpac Consumer Sentiment is a good indicator for the economy. It went up by 8.3% last time. Will it continue rising? Also in Australia, Wage Price Index is expected
GBP/USD Broke Resistance – MPC Meeting Minutes Next
GBP/USD broke the resistance line at 1.5370 and left dust behind it! I’m happy to say that I saw it coming. MPC Meeting Minutes, Retail Sales and Revised GDP are due in the next days, and positive figures could make it cross the next hurdles. Yesterday, I wrote that the Pound should move forward on
Will Retail Sales and GDP Send the Pound Higher?
The Pound is trading in the highest levels for many months, near a major resistance line. There are 4 major indicators this week: CPI, MPC Meeting Minutes, Retail Sales and Revised GDP. Will they send the Pound to new highs? GBP/USD trades above 1.50 during the most of May. It destroyed the magical number of
Forex Weekly Outlook – May 18-22 2009
It’s an interesting week ahead in forex: GDP figures in Britain and Japan, CPI in Britain and Canada and American Building Permits in the US are the highlights this week. Let’s see what other major indicators are due this week. Sunday, May 17th: Yup, important indicators start early, with the PPI Input in New Zealand.
Not The Pound’s Darling
Alistair Darling is not the Pound’s friend. In his budget release, he pounded the Pound like no economic indicator did. Here’s a roundup of the Big Day in Britain: At 8:30 GMT, 6 economic indicators were released: Claimant Count Change, was better than expected, at 73K instead of 118K. This should have lifted the Pound,
Forex Daily Outlook – April 22nd 2009
British Figures dominate the day, with Claimant Count Change, MPC Meeting Minutes and the Annual Budget Release being in the center. And there’s more from other places on the globe. Let’s see what’s up for today: Australia’s quarterly CPI opens the forex trading day. It’s expected to rise by 0.5%, after last quarter’s fall of 0.3%. But after
Big Day in Britain
Tomorrow, April 22nd, is a big day in Britain, with many major releasesץ GBP.USD will shake, and so will two interesting Pound crosses: EUR/GBP and GBP/JPY. Here’s a special coverage of tomorrow’s 7 British releases, in this critical week for the Pound: Apart from the Annual Budget Release, all the figures are released at 8:30 GMT.
Pound Breaking Down – Not Waiting for Data
In the wake of the new and and critical trading week, the Pound is tumbling down, seeing levels that haven’t been visited for three weeks. Do this imply the direction when the major indicators are published later this week? The British Pound began the forex trading week with a pound – GBP/USD now trades at
Forex Weekly Outlook – April 20-24 2009
This week features Home Sales data in the US, a rate decision in Canada, British GDP and many more interesting economic figures that will move the markets. Some currencies are at critical levels, and might set a new course this week. Let’s dive into the major events this week: Monday, April 20th: Australia’s PPI is
Critical Week For The Pound
The British Pound has recovered nicely, and played with 1.50. Next week’s major indicators will play a crucial role in the direction of the Pound. GBP/USD has traded above the magical 1.50 line for the first time since the beginning of the year. This shows the strength of cable. On April 3rd, I gathered the