Trade Plan For UK BOE Official Bank Rate Decision 07/08/10

BOE

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 bank rates at 0.50% and APF (Asset Purchasing Facility) unchanged. The important focus as usual today will be the accompanying BOE Statement if they decide to release one, and it is customary that BOE will only release a rate statement if there is a change to either the Interest Rate or the APF. 

BOE Official Bank Rate Decision Strategy 06/10/10

BOE

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 bank rates at 0.50% and APF (Asset Purchasing Facility) unchanged. The important focus as usual today will be the accompanying BOE Statement if they decide to release one, and it is customary that BOE only releases rate statement if there is a change to either the Interest Rate or APF program. 

UK MPC Meeting Minutes Trading Plan 05/19/10

BOE

MPC Meeting Minutes is scheduled to be released today and since it is customary for BOE (Bank of England) not to release a statement along with its interest rate decision (2 weeks ago) where there were no changes in either rate decision and APF (Asset Purchasing Facility, UK’s quantitative easing program),  today will be the first time to actually get a glimpse into what actually took place during this meeting, here is the forecast:

Forex Trading Strategy for MPC Meeting Minutes 04/21/10

BOE

We’ll be looking at the MPC Meeting Minutes today and since it is customary for BOE (Bank of England) not to release a statement along with its interest rate decision (2 weeks ago) if there was no change in both rate decision and APF (Asset Purchasing Facility, UK’s quantitative easing program),  today will be the first time to actually get a glimpse into what actually took place during this meeting, here is the forecast:

BOE Official Bank Rate Decision 04/08/10

BOE

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 bank rates at 0.50% and APF (Asset Purchasing Facility) at 200 Billion Pound. The important focus as usual today will be the accompanying BOE Statement if they decide to release one, and it is customary that BOE only releases rate statement if there is a change to either the Interest Rate or APF program. 

UK MPC Meeting Minutes 3/17/2010

GU60

GU605:30am NY Time UK MPC Meeting Minutes          Forecast 0-0-9     Previous 0-0-9
ACTION: GBP/USD           N/A

MPC, Monetary Policy Committee, from Bank of England (BOE) will be releasing their meeting minutes on the Rate Decision meeting held two weeks ago along with the actual vote count over the rate decision and the Asset Purchasing Facility program.  If you recall, MPC once again left both intereste rate and APF unchanged, and immediate market reaction was to sell off GBP… (although this reaction could also be attributed to Trichet’s Press Conference, but GBP was already weak at this moment.)

UK BOE Official Bank Rate Decision 03/04/2010

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.

UK MPC Meeting Minutes 02/17/2010

4:30am NY Time UK MPC Meeting Minutes          Forecast 0-0-9     Previous 0-0-9
ACTION: GBP/USD           N/A

MPC, Monetary Policy Committee, from Bank of England (BOE) is releasing their meeting minutes over the Rate Decision meeting held about two weeks ago along with the actual vote count over the rate decision and the Asset Purchasing Facility program.  If you recall, MPC decided leave both interested rate and APF unchanged and they are undecided on whether or not the APF (quantitative easing program) should expire or extended for the time being.   But without a concrete answer on the APF program, market took that as a bearish message and sold off GBP.