GBP Plummets as Economic Woes Mount!
August 19, 2009 9:21 pm by Dan EduardThe GBP plummeted today due to economic woes mounting as the trading day dragged on. The GBP first started falling following the Monetary Policy Committee (MPC) Meeting Minutes in early trading, as the Governor of the Bank of England (BoE) ...
GBP Weekly Forecast – Stay Tuned!
August 11, 2009 5:04 am by Dan EduardThe British Pound is set for another mouthwatering trading week, as we approach mid-August trading. Monday trading saw the British Pound dive against its most traded currency pairs. This came about on the back of last week, which saw the ...
GBP Weekly Summary
August 7, 2009 10:59 am by Dan EduardThe Pounds recovery in recent weeks seems to be under great threat due to a controversial Bank of England (BoE) on Thursday. The Monetary Policy committee (MPC) of the Bank of England decided to extend the quantitative easing programme by ...
Bank of England Decision Punishes the British Pound
August 6, 2009 2:46 pm by Dan EduardThe Bank of England (BoE) decision to raise quantitative easing to ₤175 billion from ₤125 at 11:00 GMT immediately led to a dive in the British Pound. This marks a dramatic turn of events, as we have seen the GBP ...
Has the Pound’s Bullish Trend Come to an End?
August 4, 2009 8:49 pm by Dan EduardAs you have seen as of late, the situation with the British Pound in the forex market changes constantly. As I stated in my previous article, the GBP moves a lot on the release of vital economic data from the ...
GBP Official Bank Rate
July 8, 2009 5:00 pm by Dan EduardThe most important news event which is set to lead to high market volatility this week is the GBP Minimum Bank Rate this Thursday at 11:00 GMT. The result is crucial as it will determine the GBP, EUR, and USD ...
Interest Rates and Employment Reports – May 2009
May 6, 2009 8:30 am by Greg HoldenWe at ForexYard always encourage our customers to get involved in the most intense market events. For this week, we believe it necessary that our traders know that interest rate decisions for the GBP and EUR are due Thursday at ...
EUR Gains Could Hold Steady – Market Forecast 6 April 2009
April 6, 2009 9:12 am by Russell GlaserEUR This past week the EUR moved predominately higher against a basket of currencies as the European Central Bank (ECB) decided on an interest rate cut that was less than forecasted. A 25 basis point rate cut took the European benchmark ...
Pound Jumps on U.S. Bank Rescue Plan
March 24, 2009 8:12 am by Dan EduardThe Pound made very impressive gains in yesterday's trading, as the U.S. Treasury Secretary Timothy Geithner unveiled an impressive and detailed banking plan to rescue U.S. banks, and uplift the U.S. housing sector. This led to the biggest rally on ...
EUR Climbs Against Dollar
March 18, 2009 12:13 am by Dan EduardThe EUR climbed against the Dollar on positive Euro-Zone figures, and a rally on Wall Street. German ZEW Economic Sentiment was better than expected at -3.5. The Euro-Zone recorded better-than-expected ZEW Economic Sentiment figures of -6.5 too. Both of these ...
