Post Tagged with: "Official Bank Rate"
British Pound Outlook – September 7-11 2009
After a bad start, the Pound made a comeback and finished the week higher. It still trades in a range, like many other pairs. This week’s interest rate, as well as 9 other indicators will set the direction of the Pound. Here’s an outlook for this week’s key events, and an updated technical analysis for
Forex Weekly Outlook – August 3-7 2009
The first week when the new NFA rules are in effect is also packed with many major indicators. Rate decisions in Australia, Britain and Europe are the hottest events until Friday Non-Farm Payrolls – king of forex. There are lots more important events in the first week of August. Last week closed with GDP for
Forex Daily Outlook – June 4th 2009
Huge day in forex trading: Rate decisions from Europe, Britain and Canada dominate the day. Ben Bernanke’s speech will also impact the markets, as well as many other indicators. Let’s dive in… Australian Trade Balance starts the day. The surplus is expected to squeeze from 2.5 billion to 1.7 billion. After GDP was positive, this
Britain’s Got Talent? Pound Outlook
After swinging and dancing, the British Pound finished the week almost 300 pips higher. With no significant technical hurdles, only a comeback of the dollar or bad British data can stop it. And what data awaits the Pound? Here are 5 key events to watch for: Halifax HPI, Manufacturing PMI, Services PMI, PPI and of
Forex Weekly Outlook – June 1-5 2009
Get ready for a wild week in forex trading. As always in the beginning of the month, the king of forex: Non-Farm Payrolls is dominant. We have rate decisions from Europe, Britain, Canada and Australia. Yup, everything happens this week. And there are loads of other major indicators. Hold tight! Only a big surprise this
EUR/GBP Leaping on Rate Decisions
EUR/GBP is now rising strongly, after the British rate decision, and asset buying decision.. Trichet’s upcoming rate decision probably might reverse this move.. Today, central banks in Britain and in Europe are making rate decisions. The Bank of England has kept interest rates at 0.5%, as expected. This historic low will be kept for the
Forex Daily Outlook – May 7th 2009
Big today today in forex trading: Britain and Europe will make rate decisions, US Unemployment Claims could surprise, and Bank Stress Test Info will also draw attention. Let’s dive into the main events of the day… I apologize before my regular readers – I didn’t publish the forex daily outlook yesterday. Australian employment figures were better
Forex Weekly Outlook – May 4 – 8 2009
Big week ahead in forex trading: Non-Farm Payrolls, Rate decision from Europe, Britain and Australia and employment figures from all over the globe promise an exciting week. Also note the Stress Test results. Let’s dive into the main events for this week: Monday, May 4th: Both British and Japanese banks are on holiday, so trading
Forex Daily Outlook – April 9th
Due to Good Friday, today is packed with lost of figures. The main event of today is the new British Official Bank Rate and accompanying statement. Employment figures from Australia and Canada, and Trade Balance in North America will be of interest to traders. Let’s dive into the packed calendar… Australian employment data was disappointing: Employment Change
Forex Weekly Outlook – April 6-10 2009
This week features rate decisions from Australia, Japan and Britain. There are also lots of major figures from Canada. Due to Easter, Thursday is packed with indicators, and Good Friday is good for resting. Lets’ see what’s on the menu… Monday, April 6th: The week starts slowly, with European Retail Sales that are expected to