Post Tagged with: "MPC Meeting Minutes"
GBP/USD Outlook – September 19-23
The pound surrendered to global pressures and touched an 8 month low against the greenback. The upcoming week consists of the interesting MPC meeting minutes among other events. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. Inflation remains high in the UK, but this isn’t a great concern
GBP/USD Plunges on Rising Unemployment, No Rate Hike Supporters
Pound/dollar took a dive on very weak economic data. The number of jobless claims jumped by 37.1K in July, much worse than expectations that stood on 20.1K and the highest in over two years. In addition, the unemployment rate for June jumped unexpectedly from 7.7% to 7.9%. Adding to troubles, there is no support for
Forex Daily Outlook – August 17 2011
PPI 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, Producer Price Index (PPI), monthly report to measure the finished goods and services prices, is about to rise by%. While in the Core PPI (excluding food and
GBP/USD Outlook – August 15-19
The British pound weathered the global storm, but had different troubles at home. The upcoming week is very busy, and consists of inflation, employment and the meeting minutes among other events. Here is an outlook for these events, and an updated technical analysis for GBP/USD. Riots in various British cities weighed on the pound. At
GBP/USD Rises As QE2 in Britain is Off the Table
GBP/USD moves higher, as there is no imminent danger of a new quantitative easing program. Regarding the rates: 7 members voted in favor of no change, and 2 voted for a hike, as expected. The meeting minutes by the MPC have shown that the committee remains reluctant to raise the interest rates, and is waiting
Forex Daily Outlook – July 20 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, very important indicator to value the number of new sold buildings on the passing month, is about to rise to 4.93M this
GBP/USD Outlook – July 18-22
The pound couldn’t ignore the raging debt crisis and tested lower ground. The upcoming week consists of the MPC meeting minutes that will show the direction of rates, as well as key consumer information. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. British inflation is easing once again.
Forex Daily Outlook – June 22 2011
Federal Funds Rate in the USA 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, Federal Open Market Committee Statement, a key tool to determine monetary changes according to investors voting on interest rates and additional policy measures, further by
GBP/USD Outlook – June 20-24
The pound fell against the dollar for a third week in a row. The upcoming week will provide the all important meeting minutes among other events. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. British inflation remained high in May (in the headline CPI number), but this probably isn’t
GBP/USD Recovers On Mixed Data
Employment data was mixed, but leans lower – a significant rise in the number of people claiming unemployment benefits was reported in March, 12,400, much higher than expected. On the other hand, the unemployment rate for March unexpectedly dropped to 7.7%. The meeting minutes of the BOE showed no change – there are still 3 members