BOE MPC Meeting Minutes 07/22/09

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4:30am UK MPC Meeting Minutes Forecast 0-0-9 Previous 0-0-9
ACTION: (GBP/USD) Depending on Market Condition

Definition:

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Bank of England Monetary Policy Committee will issue detailed minutes over the interest rate decision 2 weeks ago, along with vote count and other issues discussed in the meeting. This is usually a very high impact news event as traders look for clues of BOE’s future monetary policy direction.

UPDATE: Market reacted with a renewed sense of risk appetite immediately after the MPC Minutes, however the movement didn’t have enough momentum to push the market. Watch the video below as I explain my trading decision and my live entry.

About Henry Liu

My name is Henry Liu and I am a Forex Trader and Mentor. I help traders achieve consistent income trading Forex while spending less time trading. My focus in trading is a combination of Fundamental Analysis, Technical Analysis, and Market Sentiment. Far too many retail Forex traders concentrate on just one aspect of trading, technical analysis, and ignore everything else; it is my goal (and vision) to educate every trader on how to take advantage of news trading and become more balanced traders.

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