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…
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by Henry Liu on October 7, 2009
[flv:http://www.newsprofiteer.com/100809-boerate/100809-boerate.mp4 480 360]
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.
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by Henry Liu on September 9, 2009
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.
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by Henry Liu on August 5, 2009
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.
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