The Bank of England convenes for one of its more important meetings. The “Super Thursday” event consists of the QIR. However, the shadow of the elections could keep Mark Carney and his colleagues a bit subdued. The BOE is likely happy with the recent rise of the pound. The gains will allow inflation to moderate and ease demands for a rate hike. Also, the weaker growth in Q1 shows there is no urge for raising rates. But will they take a victory lap on their gloomy projections? Not so fast. Watch out for the voting patterns and the tone. GBP is close to 1.30. Make or break? Video preview for the BOE decision on May 11th 2017: Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Opinions share Read Next WTI recaptures broken triple bottom – CAD follows Yohay Elam 6 years The Bank of England convenes for one of its more important meetings. The "Super Thursday" event consists of the QIR. However, the shadow of the elections could keep Mark Carney and his colleagues a bit subdued. The BOE is likely happy with the recent rise of the pound. The gains will allow inflation to moderate and ease demands for a rate hike. Also, the weaker growth in Q1 shows there is no urge for raising rates. But will they take a victory lap on their gloomy projections? Not so fast. Watch out for the voting patterns and the tone. GBP… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
