UK BOE Interest Rate | January 9, 2014 | Currency News

UK BOE Interest Rate Decision is likely to remain unchanged and most likely a non-event as Governor Carney is unlikely to surprise the market with a change or an accompanied statement, but we’ll be ready for it if BOE does surprise the market… 7:00am (NY Time) UK BOE Interest Rate Forecast 0.50% Previous 0.50% 7:00am (NY […]

UK Services PMI | January 6, 2014 | Currency News

UK Services Purchasing Manager Index will be released today at 4:28am (NY Time) as usual, and judging from the enthusiasm of the first full trading week of 2014, I believe we will see plenty of market volatility if we get our deviation. 4:28am (NY Time) UK Services PMI Forecast 60.4 Previous 60.0 Deviation: 2.5 (BUY […]

The Federal Reserve, ECB, BOE, BOJ, BOC, RBA, RBNZ, and SNB…

At the end of 2013, major central bankers have said their pieces, and as we get ready to venture into 2014, here are some important things we need to know: Federal Reserve: The Feds decided start tapering by cutting down the monthly purchases to $75B (from $85B) while pledging to keep rates low for an even longer […]

Fundamental Analysis Review And Forex Calendar For December 2 ~ 6, 2013

Weekly Fundamental Analysis Review Global market continued to be driven by risk sentiment during the Thanksgiving holiday in the U.S., and with the market looking forward to more data in the coming weeks, overall market remained in a range with subdued trading volume.  Of course, several notable events did take place over the shortened week, […]

UK BOE Interest Rate | December 5, 2013 | Currency News

UK BOE Interest Rate Decision is likely to remain unchanged and most likely a non-event as BOE usually does not release a statement with its interest rate decision, market will have to wait 2 weeks for the MPC Minutes to be released. 7:00am (NY Time) UK BOE Interest Rate Forecast 0.50% Previous 0.50% 7:00am (NY […]

UK Services PMI | December 4, 2013 | Currency News

UK Services Purchasing Manager Index will be released today at 4:28am (NY Time) and it’s expected to be at 62.5.  If we get a stronger than expected release, we should see demand on the GBP for the short-term, and vice-versa if we see a weaker release. 4:28am (NY Time) UK Services PMI Forecast 62.1 Previous […]

Fundamental Analysis Review And Forex Calendar For November 11 ~ 15, 2013

Fundamental Analysis Review Market was hit with multiple surprises last week, starting with a surprise rate cut by the ECB on Thursday, then followed with the  Q3 GDP out of US at 2.8%, or the highest since Q3 of 2012. On Friday, the US Nonfarm Payroll managed to shock the market yet again with a 204K release, which […]

UK BOE Interest Rate | November 7, 2013 | Currency News

UK BOE Interest Rate Decision is likely to remain unchanged and most likely a non-event as Governor Carney is unlikely to surprise the market with a change or an accompanied statement, but we’ll be ready for it if BOE does surprise the market. 7:00am (NY Time) UK BOE Interest Rate Forecast 0.50% Previous 0.50% 7:00am (NY […]

UK Services PMI | November 5, 2013 | Currency News

UK Services Purchasing Manager Index will be released today at 4:28am (NY Time) as usual, and if we get a strong release, it would be very positive for the Sterling as recent talks of tapering may have driven GBP lower, and a strong PMI would definitely alleviate the selling pressure a bit… 4:28am (NY Time) […]

Fundamental Analysis And Forex Calendar For October 28 ~ November 1, 2013

Weekly Fundamental Analysis Review Investors shift their focuses back to the fundamentals this week as the drama in Washington came to an end last week.  BLS released the long-delayed Nonfarm Payroll report on Tuesday, which once again confirmed that there will be no QE tapering in the upcoming Federal Reserve meeting this week, as employment […]

UK Prelim GDP q/q | October 25, 2013 | Currency Trading

UK Prelim GDP is the most tradable GDP release out of the three since it’s the first look at the economic conditions in UK for the third quarter of 2013.  A strong release will add momentum to the GBP whereas a weaker than expected release should drive GBP down for consolidation. 4:30am (NY Time) UK Prelim […]

UK CPI y/y | October 15, 2013 | Currency Trading

UK CPI y/y release today is expected to drop to 2.6%, and with recent consolidation of GBP if we were to get a weaker than expected release, we should see more selling pressure on the Sterling as I believe GBP still has more room for correction due to recent exaggerated rise. 4:30am NY Time UK CPI […]

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