Will the BOE abandon its hawkish bias? GBP/USD is waiting – Live


The Bank of England is expected to leave its interest rate unchanged at 0.75%. Lower inflation allows it to take its time, and so does Brexit uncertainty. The UK is set to leave the EU by October 31st. Apart from the decision and the meeting minutes, the Old Lady publishes its Quarterly Inflation Report (QIR) which consists of new forecasts. The big question is: will the BOE go dovish like its peers? GBP/USD is waiting for the verdict.

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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.

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