UK BOE Official Bank Rate Decision 03/04/2010

Posted by Henry Liu on March 3, 2010 under Forex News Trade, Great Britain, UK Interest Rate | Be the First to Comment

7:00am (NY Time) UK Offcial Bank Rate Decision  Forecast 0.50%   Previous 0.50%
ACTION: GBP/USD      N/A

UK’s BOE, Bank of England’s Monetary Policy Committee (MPC) is once again scheduled to release their interest rate decision today and the expectations are to keep both their official rates at 0.50% and APF (Asset Purchasing Facility) at 200 Billion Pound (at least for the time being). The important focus as usual today will be the accompanying BOE Statement if they decide to release one.

UK BOE Official Bank Rate Decision 02/04/10

Posted by Henry Liu on February 3, 2010 under Forex News Trade, Great Britain, UK Interest Rate | Be the First to Comment

7:00am (NY Time) UK Offcial Bank Rate Decision  Forecast 0.50%   Previous 0.50%
ACTION: GBP/USD      N/A

UK’s BOE, Bank of England’s Monetary Policy Committee (MPC) is scheduled to release their interest rate decision today and the consensus expectations are to keep current rates at 0.50% and APF (Asset Purchasing Facility) at 200 Billion Pound.  The important focus today will be the decision concerning the APF program as it is expected to expire later this month.  If MPC decides to take a “wait and see” stance on the APF, expect to see GBP soaring against other majors as this is a strong message reflecting the recovery of UK’s economy.

BOE MPC Official Bank Rate Decision 01/07/10

Posted by Henry Liu on January 6, 2010 under Forex News Trade, Great Britain, UK Interest Rate | Be the First to Comment

7:00am (NY Time) UK Offcial Bank Rate Decision  Forecast 0.50%   Previous 0.50%
ACTION: GBP/USD      N/A

Bank of England’s Monetary Policy Committee (MPC) is scheduled to release their interest rate decision today once again for 2010, and consensus expectations are to keep rates at 0.50% and the APF (Asset Purchasing Facility) at 200 Billion Pound,  which are probably no surprise to most traders.  However, the important focus today will be the tentative statement accompanying the rate decision, which may reveal BOE’s future monetary policy.

UK MPC Official Bank Rate Decision (BOE Interest Rate) 12/10/09

Posted by Henry Liu on December 9, 2009 under Forex News Trade, Great Britain, UK Interest Rate | Be the First to Comment

7:00am (NY Time) UK Offcial Bank Rate Decision  Forecast 0.50%   Previous 0.50%
ACTION: GBP/USD      N/A

Bank of England’s Monetary Policy Committee (MPC) is scheduled to release their finalinterest rate decision today for 2010, and consensus expectations are to keep rates at 0.50%, which is no surprise to most traders.  However, the important focus today will be the tentative statement that usually only accompanies BOE rate decision if there is a change, but BOE may just issue a statement regarding their APF program, as it has been much of the focus lately.

UK BOE MPC Official Bank Rate Decision 11/05/09

Posted by Henry Liu on November 4, 2009 under Forex News Trade, Great Britain, UK Interest Rate | 4 Comments to Read

7:00am (NY Time) UK Offcial Bank Rate Decision  Forecast 0.50%   Previous 0.50%
ACTION: GBP/USD      N/A

Bank of England’s Monetary Policy Committee (MPC) is scheduled to release its interest rate decision once again today, and consensus expectation is to keep rates at 0.50%, which is no surprise to most traders.  However, the important focus today will be the APF (Asset Purchasing Facility, or Quantitative Easing, or their Stimulus Program) program, which is expected by analysts to be increased by a minimum of 25 billion Pound to a maximum of 75 billion Pound…

BOE MPC Official Bank Rate Decision 10/08/09

Posted by Henry Liu on October 7, 2009 under Forex News Trade, Great Britain, UK Interest Rate | Be the First to Comment

7:00am (NY Time) UK Offcial Bank Rate Decision  Forecast 0.50%   Previous 0.50%
ACTION: GBP/USD      N/A

BOE’s MPC is scheduled to release interest rate decision today, and it’s expected that Bank of England will keep the current rate at 0.50% (again).  If you remember last rate decision, BOE kept both interest rate and APF unchanged, which turned out to be a bullish signal for the sterling. 

UK BOE Official Bank Rate Decision 09/10/09

Posted by Henry Liu on September 9, 2009 under Forex News Trade, Great Britain, UK Interest Rate | 9 Comments to Read

7:00am (NY Time) UK Interest Rate Decision  Forecast 0.50%   Previous 0.50%
ACTION: GBP/USD      N/A

BOE is scheduled to release its interest rate decision once again today, and it is expected that Bank of England will keep the current rate 0.50%.  But ever since the last rate decision and surprise increase in the APF by 50 billion pound, Sterling has been trading under substantial pressure.

One interesting observation is the MPC meeting minutes of the last rate decision meeting, which came out at 6-3, with the majority voting for an increase in the APF by 50 Billion Pound, and 3 dissenters including Governor King, voting for a 75 Billion Pound APF increasse.  If we do get an additional announcement on more increase in the AFP, we could see Sterling retest recent support areas.

BOE Official Bank Rate Decision 08/06/09

Posted by Henry Liu on August 5, 2009 under Forex News Trade, Great Britain, UK Interest Rate | Be the First to Comment

7:00am (NY Time) UK Interest Rate Decision  Forecast 0.50%   Previous 0.50%
ACTION: GBP/USD      N/A

BOE is scheduled to release its interest rate decision today, it is expected that the Bank of England will keep the current rate unchanged at 0.50%.  However, there are concerns of possible ending of BOE’s Quantitative Easing policy, or at very least a gradual unwinding of this policy.  If this were to be confirmed with the accompanied rate statement, we could see some renewed demand for Sterling as it is an extremely bullish sign for the currency.

BOE Rate Decision – 07/09/09

Posted by Henry Liu on July 9, 2009 under Great Britain, UK Interest Rate | Be the First to Comment

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UK Interest Rate Market Cycle Trade – 06/04/09

Posted by Henry Liu on June 4, 2009 under Forex Market Cycle Trading, Great Britain, UK Interest Rate | Be the First to Comment

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