UK quarterly GDP release is always a high impact report. With this being the Prelim release, or the first release of three, we are likely to see more market participation. Here is the forecast number:
4:30am (NY Time) UK Revised GDP q/q Forecast -0.1% Previous 0.6%
ACTION: GBP/USD BUY 0.2% SELL -0.4%
BOE (Bank of England) will be rendering its interest rate decision today, and it would provide strong volatility in the market if BOE´s final decision turns out to be a surprise, here´s the forecast:
7:00am (NY Time) UK Official Bank Rate Forecast 0.50% Previous 0.50%
APT (Asset Purchasing Target) Forecast 275B Previous 275B
ACTION: GBP/USD BUY 0.75% (Rate) / SELL 300B (APT)
BOE (Bank of England) will be rendering its interest rate decision today, and it would provide strong volatility in the market if BOE´s final decision turns out to be a surprise, here´s the forecast:
7:00am (NY Time) UK Official Bank Rate Forecast 0.50% Previous 0.50%
APT (Asset Purchasing Target) Forecast 275B Previous 275B
ACTION: GBP/USD BUY 0.75% (Rate) / SELL 300B (APT)
UK quarterly GDP release is always a high impact report. However, with this being the Revised release, or the second release of three, we are likely to see less market volatility. Here is the forecast number:
4:30am (NY Time) UK Revised GDP q/q Forecast 0.5% Previous 0.5%
ACTION: GBP/USD BUY 0.7% SELL 0.3%
BOE (Bank of England) will be rendering its interest rate decision today, and it would provide strong volatility in the market if BOE´s final decision turns out to be a surprise, here´s the forecast:
7:00am (NY Time) UK Official Bank Rate Forecast 0.50% Previous 0.50%
APT (Asset Purchasing Target) Forecast 275B Previous 275B
ACTION: GBP/USD BUY 0.75% (Rate) / SELL 300B (APT)
UK quarterly GDP release is always a high impact report. With this being the Prelim release, or the first release of three, we are likely to see more market participation. Here is the forecast number:
5:30am (NY Time) UK Revised GDP q/q Forecast 0.4% Previous 0.1%
ACTION: GBP/USD BUY 0.7% SELL 0.1%
BOE (Bank of England) will be rendering its interest rate decision today, and it would provide strong volatility in the market if BOE´s final decision turns out to be a surprise, here´s the forecast:
7:00am (NY Time) UK Official Bank Rate Forecast 0.50% Previous 0.50%
APF (Asset Purchasing Facility) Forecast 200B Previous 200B
ACTION: GBP/USD BUY 0.75% (Rate) / SELL 225B (APF)
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Upcoming Forex News Calendar For January 16 ~ 20, 2012
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Forex News Trading US Advanced GDP 01/27/12 Here is the forecast for the US Advanced GDP q/q :
8:30am (NY Time) US Advance GDP q/q
Forecast 3.0% Previous 1.8%
ACTION: SELL ... (2158)
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