by Henry Liu on March 3, 2010
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.
Click on post title above to read the full article.
by Henry Liu on February 3, 2010
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.
Click on post title above to read the full article.
by Henry Liu on January 6, 2010
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.
Click on post title above to read the full article.
by Henry Liu on December 9, 2009
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.
Click on post title above to read the full article.
by Henry Liu on November 4, 2009
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…
Click on post title above to read the full article.